PHILIPPINE shares are likely to enter a 200-point consolidation between 7,400 and 7,600 for the PSEi as August, the “ghost month,” comes into play particularly among Chinese investors who believe in bad luck.
The earnings play for the second quarter is also expected to influence the market, as well as the absence of further leads on the US interest rate hike and a weak Chinese market.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.