MICHELLE YOUNG on her appearance for ANC business channel about stocks reportage via Philippine Stock Exchange Ayala , featuring guest officer from Ramon Tejero- of ATR Kim Ing for the possibility of Philippine Market Outlook ,after the successive worldwide televised PapaL visits of Pope Francis I.
The Philippine Stocks performed a slights break up paving for the down performances of Megaword, Ayala Land and PLDT. However the total market out for the Philippines grounded from 5.4 percents in 2014 as was predicted by the HSBC is now reviewed and changed for a hopeful , positive outlook by the ATR Kim Ing officer , Mr. Tejero. " the Philippines will command for a bullish economic performance for about 7 percent ", due to Philippines government anticipated huge infrastructure spending with in 2016. The market out look is supported with the passage and approval of the annual Philippine budget for 2016 in the congress. From the time that truck ban was lifted up, the Philippine economy will move forward smoothly. Factoring the continued slowing down of oil prices in the world market it is impact in the local economy , the Philippine is surely will attain the positive 7 percent GDP , a remarkable performance for the Aquino Administration.
But , taking into consideration the Global Events, that may affect directly or indirect from the local economy is the recent Swizz Francs down beat movement ,in friction with the world market movement and perhaps with its border the European market. The quantitative easing in European style , fixing the European markets menace still lingering in the region , cascading down perhaps to the rest of the world. The upcoming Greece elections ultimately may,affect the European markets sentiments . Given with the paradigm scenarios , European Central Bank have been expected by world market audience on how it will behave in respect with the volatility of the European stocks ,and so with the market movement.
In summary , Mr. Tejero over all assessment with the local bourse , the Philippine Stock Market will score high at the end of the 2015 for about 8 000 .
Henry Estipona
Walang komento:
Mag-post ng isang Komento