SONA, H1 earnings to dictate local stocks 0 SHARES Share it! Share TweetBy James A. LoyolaMarket sentiment has improved after last week’s rally although local stock investors are seen to take their cue from what the President Duterte has to say in his State of the Nation Address today, July 22, as well as first half results. It added, “Markets will heed for first half earnings results, as well as guidance how the second half would fare. Both firms also note that the stock is currently undervalued. Interestingly, both brokerage firms are also recommending that investors buy shares of Metrobank as it should benefit from lower funding costs while trading gains should also improve with falling interest rates.

Source: Manila Bulletin July 21, 2019 13:52 UTC