STOCKS may rebound this week amid proposed peace talks between Russia and the Ukraine and expectations of a further reopening of the economy with the nationwide implementation of Alert Level 1, the least strict restrictions.
STOCKS went up on Thursday as the government said they remain bullish that they can reach this year’s economic growth goal despite the inflation risks caused by the Russia-Ukraine war and following the US Federal Reserve’s rate hike.
STOCKS inched up on Wednesday on last-minute buying ahead of the US Federal Reserve’s policy decision.
SHARES recovered on Tuesday on bargain hunting ahead of the US Federal Reserve’s policy meeting.
STOCKS plunged on Monday as the war between Russia and Ukraine continues.
SHARES may continue to drop this week as the war between Russia and Ukraine rages on and ahead of the US Federal Reserve’s monetary policy review.
SHARES rose further on Thursday to return above the 7,000 level as global oil prices plunged overnight.
THE MAIN INDEX rebounded slightly on Wednesday on bargain hunting even after the United States said it would ban oil imports from Russia.
STOCKS sank on Tuesday as Russia’s invasion of Ukraine continued, causing oil prices to surge to record highs.
SHARES slid on Monday as market sentiment remained negative amid the ongoing war between Russia and Ukraine.