PSE Market Outlook (6 Dec 2023) by Regina Capital Development Corp.
The PSEi registered gains as investors took note of the better-than-expected CPI print released prior to trading.
The PSEi registered gains as investors took note of the better-than-expected CPI print released prior to trading.
Market watchers would check for possible follow-through response to favorable inflation in November (4.1% vs. 4.9% in September), while monitoring momentum improvement in turnover.
Descending triangle pattern.
Sessions might be range-bound, given yesterday’s total turnover, as investors heed for other catalysts to prod aggressive positioning.
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