Stock Picks for the week (June 2-5, 2025) by First Metro Securities
Our stock picks for the week
Our stock picks for the week
CNVRG closed at 20.05, down -1.23%.
MBT closed at 76.20, up +2.08%, showing a slight recovery.
The PSEi closed at 6,412.86, up by 0.95%, showing a slight recovery after moving sideways in recent sessions.
Focus would be on the PSEiās move past 6,500, as sentiment might track Wall Streetās overnight rise.
Another volatile, range-bound session is seen, as fund managers parse through reciprocal tariff headlines.
Expect choppy sessions for most of the week, with the effectivity of MSCIās portfolio rebalancing on 02 June, plus FTSEās rebalancing on 06 June.
ICT booked modest gains of +0.49% to 412.20, continuing to trade above all key MAs suggesting strong bullish momentum.
GTCAP surged +2.09% to 587, marking its fifth-consecutive gain.
The PSEi slipped -0.20% to 6,412.81, reflecting a short pullback from yesterday’s gain.
Following the latest MOC-selling, participants will be checking on followthrough trends, especially with the latest US Appeals Court ruling that negated the Trade Courtās move to block Pres. Trumpās reciprocal tariff plan.
Attention is on continuity of the latest ascent, as investors position funds in bargain large-caps.
Hereās a commentary on an important issue or event affecting the stock market
Hereās a commentary on an important issue or event affecting the stock market
Hereās a commentary on an important issue or event affecting the stock market
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