As they say, if it looks like it, feels like it, smells like, it must be it.. Are the bulls knocking at our doors? Well if It looks like a bull and it feels like a bull. Right? Hmmm, Is it, really? Of course, we would want it to be.
The PSEI, on a year-to-date, suggests it is after surging to a 16.98% gain over the first 23 weeks. The PSEi advanced during the week on the back of strong foreign buying. The closed at 7,990.24 points gaining 82.58 points or 1.03% from last week. Value turnover decreased to Php44.5Bil from Php57.3Bil the previous week. We’re net foreign bought once again accumulating Php3.7Bil worth of shares.
Highlight of the week:
- ROCK Land Announces PhP0.0594 Cash dividend
- DMC t enter cement business
- AEV units pursue new projects n Cebu
- SM Prime hits P1 trillion market cap
- Economy: May Inflation lower at 3.1%, below consensus forecast
- UK holds election
- 4 Arab countries sever diplomatic relations with Qatar
- BPI reports ‘internal data processing error’, leaving clients unable to access their accounts via ATM or online.
- Gaming sector: Congress considers removal of PAGCOR licensing authority
NEW 52 WEEK HIGHS THIS WEEK:
- STI
- SSP
- ICT
- CNPF
- BLOOM
- WLCON
- PNB
- EW
- CLI
- BRN
NEW 52 WEEK LOWs THIS WEEK:
- ABS
- PHEN
- HOUSE
- RWM
4 thoughts on “Weekly Top Losers and Gainers Jun 5 – June 9”
That’s a great point about blending tradition with tech! Seeing platforms like ok fun vip embrace Filipino culture – even with 24/7 Tagalog support – is impressive. It’s about more than just games, right? It’s about community!
Solid article! Thinking about bankroll management & game selection is key for long-term success. I’ve been checking out 77jl-their platform seems legit & offers a smooth experience for players. Good read!
That’s a bold prediction! Seeing platforms like big bunny app prioritize security & responsible gaming is key for long-term trust in the online space. Interesting analysis overall!
Great analysis! The PSEi’s 16.98% YTD gain with sustained foreign buying (net Php3.7B this week) suggests genuine bull market momentum. Gaming sector investors should monitor Congress’s PAGCOR licensing discussions closely – regulatory shifts could impact wagi777 slot operators and market dynamics. The lower inflation (3.1%) provides room for economic stimulus.