Market Commentary for 18 November 2008 19 November 2008 | 9:00 a.m.
Bears prevailed, PSEi down to 1,873
Sentiment at home took another whack from Wall Street’s overnight beating (DJIA -223, Nasdaq Composite -34 points), with most investors unable to disregard risks of global economic recession.
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Trading outlook for 19 November 2008 19 November 2008 | 9:00 a.m.
Bargain shoppers might continue to extend time following global markets’ unified reaction to the impact of an expected global economic slowdown.
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WEEKLY OUTLOOK
17 November - 21 November 2008
Breaking 'chain reactions'
Local stocks managed to land on positive note last week, spurred by expectations of possible aggressive monetary policy easing from the US Fed & China's $586bn fiscal stimulus program.
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