Index upside points to 7,000 level
The Philippine Star|January 22, 2024
The benchmark Philippine Stock Exchange index (PSEi) could retest the 6,700 resistance this week and break toward 7,000 in the near-term, analysts said.
IRIS GONZALES

Rizal Commercial Banking Corp. chief economist Michael Ricafort said the PSEi’s immediate major support is seen at 6,215 to 6,310 while the next resistance is at 6,600.

This could lead to a potential re-test of the 6,700 levels, particularly the high of 6,698.41 posted on July 25, 2003, he said.

He added this is the next important gateway to further upside potential toward the 7,000 levels in the coming weeks or months.

Last week, the PSEi fell by 139 points or 2.1 percent to 6,503, as all sectoral gauges were down.

この記事は The Philippine Star の January 22, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は The Philippine Star の January 22, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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