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Stock Commentary

Quick look at the week ahead

Merkado Barkada
Quick look at the week ahead

The week starts with the listing of Ayala Corp’s “new” preferred shares [ACPAR] today. Check below for the updated Underwriter League Table. Tuesday is the VistaREIT [VREIT 1.69 1.8%; 145% avgVol] Q1 dividend ex-date, and also the pricing date for the Repower Development Corp [REDC] IPO. Wednesday we will see Q4 dividend payments from DDMP [DDMPR 1.28 0.8%; 82% avgVol] and Premiere Island Power REIT [PREIT 1.54 2.0%; 1% avgVol].


MB BOTTOM-LINE

This is shaping up to be something of a quiet week: the schedule is light on potential market-moving information here, plus the US markets are closed on Monday for a holiday.

Still, I’m very curious to see the results of the REDC pricing (which we should get Tuesday afternoon or Wednesday morning), and I’ve got my eyes and ears open for changes in tone out of the US on the likelihood of further rate hikes since there’s a good amount of employment data expected to drop later in the week that influence that decision.

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Merkado Barkada's opinions are provided for informational purposes only, and should not be considered a recommendation to buy or sell any particular stock. These daily articles are not updated with new information, so each investor must do his or her own due diligence before trading, as the facts and figures in each particular article may have changed.

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