PSE Market Outlook (31 Jul 2024) by Regina Capital Development Corp.
The PSEi index falls below its 100-MA support level down to the lower 6600s.
The PSEi index falls below its 100-MA support level down to the lower 6600s.
Our recommendation and 1-year Target Price for this stock is
Our Target Price and recommendation for SGP is
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
Our recommendation and 1-year Target Price for this stock is
SM is currently trading within the range of 900-922.
ICT is currently trading within the range of 355-370.
BDO is currently trading within the range of 139-151.
The PSEi closed at 6,670.27 (-1.23%) yesterday within the range of 6626-6832, lower than the past few days and below its 52-w high, but still above the 50-MA line.
MBT closed on the 70.00 flat mark last Friday, on a happy note breaching previous resistance levels.
The index performed incredibly bullish last week closing on a rally-high at 6791.69, nearing the 6800s territory.
BPI is currently trading within the range of 123-127, and rallying above all moving averages.
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