PSEI Gained & Pulled Back (where it came from in the RED)

PSE Index Closes 2016 near same levels from where it started in January 2016

When all is said and done, the PSEI remained in negative territory in spite of the two day price recovery mode while closing the year @6840 with a registered high @8136 in 2015, a lower high @8118 2016 and a low @6084 in Jan 2016 and a higher low @6499 just this December 2016. And this pullback may even be seen in other markets too as the end of the trading year approaches. 

Even the PSE inc. price levels in particular have been depressing enough @240 almost near the @232 low marked in Jan 2016. As the trading volume of the PH exchange have drifted lower since the middle of 2016. Outflows have gained ground while transaction volumes remain at bay. The figures may not reflect it as of now but as reports for the coming year would show a great deal of market value lost at the closing of the year 2016.

What it means and what to expect next!