PSEi v. EPHE Comparative Outlook

The chart and price analysis of the PSE Index & EPHE (ISHARES MSCI PH ETF) has provided a significant turn signal of the market as indicated with its historical performance since 2014. The critical price range highlighted was within the 7500 - 7000 levels was well in line with the Dow Jones range levels @17500 and 17000 (not included) but well made a mark in the market price correlation. Some due diligence required. 

News reports after the sell-off justifies the culminating results of the contagion effects of outflows from foreign investors where a total of USD 13.5M within a 6 weeks period. Current prices are trading @15.6X project 1 year earnings.

The start of the year's global stock performance is not what everyone has expected. And have turned negative sentiments among global investors. Especially with a huge outflow of foreign investments not only in the Philippines but including China outflow which has grown of USD 90B not including the new entry for the new year 2016.

In-depth Outlook: PSEI - EPHE - DJIA