Philippine Stock Market Wrap-up Report – What Happened on June 25, 2018?
Learn what happened in the Philippine stock market as of June 25, 2018 in this market wrap-up report. Know if it’s a net foreign buying or selling day, too.
Learn what happened in the Philippine stock market as of June 25, 2018 in this market wrap-up report. Know if it’s a net foreign buying or selling day, too.
Did the Truly Rich Club of Bro. Bo Sanchez made a mistake when they recommended Cemex Holdings Philippines Inc. (CHP) to the TRC subscribers?
Now Corporation, the rumored third telco player, might hit 12 as long as the price stays above the 10SMA and the volume above its 30-day volume average.
Have you ever wondered if the stock market is still the best venue to invest your hard-earned money on? Here’s a review of the significant events in the Philippine stock market in 2017. Find out how it fared last year, and check out the trends that would help your stock investment decisions.
Globe Telecom (GLO) has been moving in a downward pattern since the third quarter of 2015. This puts GLO in a bearish position on a long-term time period. Fortunately for the GLO investors, it seemed to have treated 1475 as a support level. Is GLO “tradable” below 1680 or it’s okay to buy it above 1680?
I’ve written my analysis of Vitarich Corporation (VITA) last 10 April 2018. I mentioned in that report that VITA’s ascent in price was supported or backed by volume. Resistance is at 4.55 and support is at 3.05. Should you sell at 4.55? How about setting a trailing-stop loss just in case it doesn’t reach 4.55?
DMCI Holdings (DMC) has been bearish since the last week of January 2018. DMC broke below the support at 10.80 but it managed to close back at 10.80. A Net Foreign Selling of over P110 million was registered today, 4 May 2018. Is this the best time to buy DMC near 10.80 or let it fall to 9.00? Read this analysis.
SM Investments Corporation (SM) slid by 5.01 percent on 3 May 2018. Know that there will be a dilution on May 7 due to the P8.20 cash dividend per share. While the bearish price is supported by volume and foreign investors are bearish, SM still has a low-risk level. Shall we buy SM near 813 or 913? Read this analysis.
A Brown Company, Inc. (BRN) belongs to the Property sector. BRN’s PE (ttm) of 10.60, versus the industry’s 36.84, makes this stock an undervalued company. There has been a breakout on the weekly volume of BRN for the past two weeks. Read our analysis to know if it’s better to sell now or at 1.34 or buy near 0.93.
Universal Robina Corporation (URC) discontinued its southward direction below the support at 131.00. However, URC is still inside the oversold territory based on Stochastic Daily and Weekly. What’s the best action to take when URC is bullish on fundamental analysis but bearish on technical analysis? Read our analysis.
Bank of the Philippine Islands (BPI) has been moving sideways between 102.00 and 108.00, its support and resistance levels, respectively. BPI has entered the confirmed bearish territory as far as the alignment of Simple Moving Averages is concerned. Is it safe to buy at 102 or wait until it hits 95? Read our analysis.
Now Corporation (NOW) did not let its share price cross below the mid-section of 8.48 and 5.79, its support and resistance levels, respectively. NOW recovered above its 10-day SMA as it closed at 8.02 today. Here’s our latest broker and technical analysis as of 26 April 2018.