Stock-Market Outlook

Quick Summary:

Maybank Securities still maintained its buy rating on Robinsons Retail Holdings Inc.despite its core income in the third quarter falling below consensus figures.

An inflation print which falls within the BSP’s [Bangko Sentral ng Pilipinas] 2 percent to 2.8 percent, especially one which is biased to the lower end, is expected to give sentiment a boost,” Tantiangco said.

Share prices may rise this week mainly due to bargain hunting.“Following two straight weeks of decline, and with the market still at attractive levels, we may see some bargain hunting next week.

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Article Details

Author / Journalist: VG Cabuag

Category: BusinessStartups

Markets: PhilippinesChinaUnited States

Topics: Stock market outlook Companies

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-03 @ 16:07:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 845 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23383809

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 67 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 12 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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