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Still Mum
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7/23/2010 |
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Still Mum (July 23, 2010)
Save for a few stocks which performed spectacularly this week, the index mirrored the uncertain emotions of the market as it awaited further developments. Economic conditions are actually favorable and bring a better outlook for the year. |
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Halfway Through
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7/2/2010 |
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Halfway Through (July 2, 2010)
The past week marked some endings and new beginnings. In a span of six months, key events both locally and globally helped shape economies and markets. In half a year, some countries in Europe have gone through economic downfall while the US have struggled over financial regulation. |
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Still Waiting
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6/25/2010 |
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Still Waiting (June 25, 2010)
After five attempts, the local stock market is still waiting for a conclusive rally past the resistance at 3,330. On Monday (June 21, 2010), the PSEi established a new YTD high at 3,357.88 but fell during the next trading days. Investors have been very optimistic lately and have been trying to push the main index higher and higher. |
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Waiting To Break
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6/18/2010 |
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Waiting To Break (June 18, 2010)
Philippine stocks managed to close higher on a holiday shortened trading week. Investors continued to take took their cue from movements in the global markets abroad, which were relatively quiet. World markets are showing signs of a near term bottom after digesting so much negativity from the sovereign debt crisis in Europe. |
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Caught In Between
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6/11/2010 |
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Caught In Between (June 11, 2010)
The PSEi was off to a shaky start early this week as worries for the global economy took hold of the market. Europe''''s troubles, unfortunately, seem far from over. Hungary was the latest country to announce the possibility of a default. |
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