Stock-Market Outlook

Quick Summary:

Top losers, meanwhile, were PH Resorts Group Holdings Inc., AbaCore Capital Holdings Inc., TKC Metals Corp., Vitarich Corp., East Coast Vulcan Mining Corp., Apollo Global Capital Inc.and Macay Holdings Inc.

SHARE prices may rise this week as investors anticipate a rate cut during the US Federal Reserve’s meeting on the 18th and the Bangko Sentral ng Pilipinas on the next day.

Tantiangco said, meanwhile, from a valuation standpoint, the local market remains at attractive levels and is good for bargain hunting.“However, investors are expected to continue waiting for positive catalysts before getting into the market strongly.

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Article Details

Author / Journalist: VG Cabuag

Category: BusinessStartups

Markets: Philippines

Topics: Rate Holdings Moving Investors Stock Market Week Corp Percent Index Points

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-15 @ 16:09:00 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 767 words

Reading Time: 5 minutes read

Sentences: 25 lines

Sentence Length: 31 words per sentence (average)

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

Copyright Owner: © Business Mirror

News ID: 24418732

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 72 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 10 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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