PSE Market Outlook (23 Jan 2023) by First Metro Securities
The PSEi rallied for the fifth straight week complemented by strong volume and net foreign buying.
The PSEi rallied for the fifth straight week complemented by strong volume and net foreign buying.
Our stock picks for the week
The PSEi surged anew complemented by strong volume. The market is now heading towards
Hereβs a commentary on an important issue or event affecting the stock market
However, the 6,800 level once again acted as a resistance with the market quickly pulling back to the 6,600 level.
After the retest on the 100-day MA / 6,400 level, the PSEi quickly rebounded and is now settling above the 200-day MA.
Our recommendation and 1-year Target Price for this stock is
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