Local stock market may face selling pressure this week as investors lock in gains following a three-week rally, while shifting their focus to upcoming data on foreign investment and remittances for further direction. The Philippine Stock Exchange index (PSEi) has shown a bullish bias recently,...
The Philippine Stock Exchange index (PSEi) is poised to extend streak of bargain-hunting as investors weigh the prospect of further interest rate cuts against critical economic data due for release this week. Optimism is building around expectations of stronger corporate earnings and pivot in...
Philippine equities are expected to trade in a narrow range during a holiday-shortened week, with investors weighing the impact of delayed national budget against the prospect of long-term recovery in 2026. Trading volume will likely remain subdued with only two active sessions on the...
Investors are expected to favor cash positions this week following a selloff on Dec. 19, as caution prevails ahead of the Christmas and New Year holidays. While window-dressing activities could provide a temporary lift for select Philippine Stock Exchange index (PSEi) members, the broader outlook...
Local stock market investors will test whether the main index can stay above the 6,000 level, buoyed by positive sentiment from the United States Federal Reserve (US Fed) and Bangko Sentral ng Pilipinas (BSP) rate cuts, but will also take cues from upcoming US economic data, including inflation and...
The local stock market is poised to gain momentum this week, driven by expected rate cuts from the United States (U.S.) Federal Reserve and the Bangko Sentral ng Pilipinas (BSP), alongside influential domestic labor and foreign investment data. Philstocks Financial Research Manager Japhet...
Investors in the local stock market hope that share prices will sustain last week’s gains as the government is set to announce the November inflation rate this week, which could support a rate cut by the Bangko Sentral ng Pilipinas (BSP). “Whilst hard fought, positive sentiment still took over...
Investor sentiment in the country has deteriorated, with bears continuing to pull down the benchmark Philippine Stock Exchange Index (PSEi) to lows last recorded during the pandemic. “This week, the local market is still seen to have a bearish default. The bourse could move down further as...
Cautious trading is expected in the local stock market this week as investors continue to weigh the impact of the lower-than-expected economic growth pace announced last week, though foreign direct investments and corporate earnings reports could spur bouts of bargain hunting. “For next week, the...
Stock market investors will focus on a data-heavy week, with trading cues centered on the release of inflation and economic growth figures and the highly anticipated listing of Maynilad Water Services Inc. shares following its massive initial public offering (IPO). However, Philstocks Financial...
Stock market investors this week will be looking for cues from the United States Federal Reserve (US Fed) meeting, which is expected to lead to a rate cut. On the domestic front, investors will be drawing inspiration from the earnings reports of two Philippine Stock Exchange index (PSEi)...
The local stock market will look for positive cues from early corporate earnings reporters this week, typically starting with banks, even as sentiment remains dampened by a public works corruption scandal. “Rate cuts alone won’t reignite growth. Without stronger governance, swift resolution of...
