Experts predict reversal of stock market downtrend

Ron Acoba, co-founder and chief investment strategist at stocks research platform Trading Edge Training and Consultancy, said chart-based technical trading indicators were showing some positive signals for the PSEi.

While technical analysis is based on several probabilities and outcomes, Acoba said pullbacks or further consolidation for the PSEi is “an opportunity to start loading in the market”. Meanwhile, First Metro-DBS noted that Philippine stocks offered greater value relative to so-called risk-free assets such as government bonds.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

PSEi down in dull trade while new earnings season unfoldsMANILA -The benchmark Philippine Stock Exchange index (PSEi) slipped during a low volume session on Wednesday as investors await the next round of earnings results for the first quarter of
La source: inquirerdotnet - 🏆 3. / 86 Lire la suite »

PSEi trades sideways despite strong bank earningsThe benchmark Philippine Stock Exchange index closed flat on Tuesday as investors weigh more corporate earnings releases after some of the county’s largest banks reported strong first quarter earnings. | miguelrcamusINQ /PDI
La source: inquirerdotnet - 🏆 3. / 86 Lire la suite »