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                    [Title] => Stocks seen to trade sideways
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The stock market is expected to trade sideways this week albeit on a negative bias considering that most stocks have already achieved overbought levels, analysts said.  


Some analysts, however, were quick to point out that the market may benefit from a potential follow-through buying, encouraged by the move of  fiscal authorities to upgrade economic growth forecasts for the year and hints that a credit rating upgrade is in the offing.


                    [DatePublished] => 2007-01-15 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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FIRST PHILIPPINE HOLDINGS AND ABOITIZ EQUITY

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                    [Title] => Stocks seen to trade sideways
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The stock market is expected to trade sideways this week albeit on a negative bias considering that most stocks have already achieved overbought levels, analysts said.  


Some analysts, however, were quick to point out that the market may benefit from a potential follow-through buying, encouraged by the move of  fiscal authorities to upgrade economic growth forecasts for the year and hints that a credit rating upgrade is in the offing.


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abtest

Stocks seen to trade sideways

By Zinnia B. Dela Peña | January 15, 2007 - 12:00am

The stock market is expected to trade sideways this week albeit on a negative bias considering that most stocks have already achieved overbought levels, analysts said. Some analysts, however, were quick...

Business