On the bright side, it's a good dividend play. It's good news for PLDT shareholders.
doubtful because of the difficult environment caused by rising energy prices.
We will have a very good first quarter. The market may reach the 2400 level during the period.
Normally the decline should have been much more, but the market seems to be holding. The main difference between then and now is the fact that market fundamentals today are way, way better than before.
The government won't be able to meet its 5.3 percent growth target. We would be happy if we could duplicate what we have achieved in the first half.
So when the government was able to withstand the threat, the market took that as a cue that perhaps, at least in the medium term, there won't be another threat.
A single-day gain from window dressing would tend to be followed by a day or two of readjustment.
The party division being addressed is a market positive, but Arroyo staying on will mean continuing political tension.
Investors were relieved that contrary to expectations, Labor Day ended without any violence.
Investors may start to cash in once first-quarter results start coming out.
Foreign institutional investors are, I think, cautious to neutral on equities, including those in the Philippines.
It's like a thorn has been removed from the market.
It merely compounded the problems that have been hounding the country,
It's a popular move to suspend or cut taxes, but it's not wise. The government should address the underlying problem instead, look for alternative sources of power, be less dependent on oil.
Come Monday, if nothing happens over the weekend, the market should be okay. It should be normal.