Monday, January 11, 2021

Trading actions from 2020

 Last year we saw how vulnerable life can be. A virus threaten man kind economies collapse. March was a huge blow to our mobility. Last year brougth our stock market into the level we havent seen in a decade it was a sell off that no one knows how low can we go. At the sametime many brave invidual plunge in investing the stock market it was a great oppurtunity to start. The likes of ism which is now DiTo cme the holder of dito telecom share price went to us low as 1php even the bluechips were trading multi year low. Dito was slowly but surely reversing its down trend and it end the year up by more than 100% from january level. A lot of stock stage a great comeback from there lows some registering an all time high. A lot of developments coming from the corporate front from change of purpose to backdoor listing. Mrc has taken also the limeligth an became a holding company. Not to be outdone is PHA which is now one of the hotest stock in the market today it was recently bougth by squidpay one of the finetech companies in the philippines. Mining once again came into play as precious metals continues to soar we saw AR abra mining APL making huge wave.


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