PSE Market Outlook (9 Dec 2024) by 2TradeAsia
Improved chances for the Fed to lower its widely-watched interest rate would be the main theme this week, which may be seconded by possible follow-through rate cut from the local central bank.
Improved chances for the Fed to lower its widely-watched interest rate would be the main theme this week, which may be seconded by possible follow-through rate cut from the local central bank.
CNPF continues its climb trading above all its moving averages despite having declined by -1.30% intraday.
ICT continued to trade below its 50 and 100-day MAs, declining by -2.53% intraday.
The PSEi remains below the 6,700 mark, remaining under its 50, 100, and 200-day MAs.
Participants may get feelers if November’s inflation has already been factored-in, as some check on possible rate cut from monetary policy leaders this month.
Our Target Price and recommendation for this stock is
Our recommendation and 1-year Target Price for this stock is
Our Target Price and recommendation for this stock is
Our Target Price and recommendation for this stock is
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Take advantage of the price opportunity that might arise when the news hits. Trade the news!
Take advantage of the price opportunity that might arise when the news hits. Trade the news!
Take advantage of the price opportunity that might arise when the news hits. Trade the news!
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