It shows the PSEi performance from February 2016 to February 2021. Understand the movement of the market and the factors that influence the performance of the PSEi.

There are six encircled candles in the chart which are the peak and trough of the trend. Research, enumerate and discuss the events and factors that occur during these period and justify why these have caused the PSEi to increase (peak) or decrease (trough) at a specific level. For example, in August 2016 (leftmost circle), the PSEi has reached 8,000 from just around 6,500 in March 2016. What are the driving factors that pushed the PSEi to the 8,000 level? Is it because of the new administration or more of improved earnings of the PSEi companies?

NOTE: The answers may be economic, political, global or company-specific events. You may use news and company disclosures as the source of your answers but make sure to provide the reference link at the last page of your submission.

5-Year Philippine Stock Exchange Index Chart (Feb 2016 to Feb 2021) Philippine Stock Exchange Index 1W.PSE 06901.93 H6907.47 L6735.84 C6755.95 - 170.46 (-2.46%) Volume 20 33.8688 47.8538 9600.00 9200.00 8800.00 8400.00 8000.00 7600.00 7200.00 6755.95 Philippine Stock Exchange Indep. 6400.00 6000.00 Investagrams.com 5600.00 5200.00 0 4800.00 4400.00 investagrams 4000.00 Mar Aug 2017 Jun 2018 Jun 2019 Jun 2020 Jun 2021 5-Year Philippine Stock Exchange Index Chart (Feb 2016 to Feb 2021) Philippine Stock Exchange Index 1W.PSE 06901.93 H6907.47 L6735.84 C6755.95 - 170.46 (-2.46%) Volume 20 33.8688 47.8538 9600.00 9200.00 8800.00 8400.00 8000.00 7600.00 7200.00 6755.95 Philippine Stock Exchange Indep. 6400.00 6000.00 Investagrams.com 5600.00 5200.00 0 4800.00 4400.00 investagrams 4000.00 Mar Aug 2017 Jun 2018 Jun 2019 Jun 2020 Jun 2021