PSE Market Outlook (3 Jun 2024) by First Metro Securities
The PSEi dropped by 2.82% w/w to close at 6,433.10 (-186.79 pts).
The PSEi dropped by 2.82% w/w to close at 6,433.10 (-186.79 pts).
The PSEi ended flat w/w to close at 6,619.89 (+1.20 pts; +0.02%).
The PSEi rose by +1.64% w-o-w to close at 6,618.69.
The PSEi retreated by -1.57% w-o-w to close at 6,511.93.
The PSEi inched lower by -0.23% w-o-w to close at 6,615.5.
Here’s an update to the stock composition of the three new model portfolios!
The PSEi gained by +2.88% w-o-w to close at 6,628.75, snapping a three-week losing streak.
If the bulls dominate, the PSEi could once again retest next resistance levels around 6,700 and 6,800.
Here’s an update to the stock composition of the three new model portfolios!
The benchmark index attempted to break above 6,900 and the 20-day moving average (MA) but this was not sustained at the end of the week.
The PSEi rose by +0.33 w-o-w to end at 6,942.21 (+22.62pts).
Here’s an update to the stock composition of the three new model portfolios!
The PSEi ended the week flat at 6,919 (+6.38pts; +0.09%).
The PSEi inched up by +0.58% w-o-w to close at 6,913.21, marking a five-week winning streak.
The PSEi surged by +0.34% w-o-w to close at 6,873.23, marking its fourth winning streak.
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