Earnigs prospect to boost local share

Posted on July 13, 2009
Filed Under Stock Market Talk | Leave a Comment

Local share prices should be boosted this week by investors building up positions ahead of the earnings reporting season for the three months to June, analysts said.

“We’re two weeks away from the earnings season, and early indications suggest second quarter results were positive,” Ricardo Puig of ATR-Kim Eng Securities told AFP.

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