For Equities, The PSEi declined 0.58% WoW to 7,835.2 over a three-day trading week, dragged partly by consumer stocks. PGOLD was the worst performer in the PSEi (-6.9%) on follow through selling after disclosing disappointing 4Q18 results and guiding for weak 1H19 SSSG. Meanwhile in Fixed Income, Local bond yields traded sideways with some sellers reducing position ahead of the Lenten break. UST Treasuries were initially muted following disappointing quarterly earnings results. USTs then sold-off after Empire manufacturing printed stronger at 10.1 versus 8.0 expectations.
Money Market Fund
Invest in a portfolio of short-term securities