Stock market to watch 3Q earnings reports 0 SHARES Share it! Share TweetBy James A. LoyolaCautious local investors will be looking at third quarter earnings reports for cues on how to trade the market this week. He expects that, last week’s close at 7,885.23 continues to highlight the market to consolidate within the 7,700 to 8,000 levels in the near-term. Failure to try the 8,000 level could cause some profit taking and retest the 7,700 level,” he warned. It also likes First Philippine Holdings Corporation as it remains cheap based on the market value of its subsidiaries.
Source: Manila Bulletin October 20, 2019 13:52 UTC