The local stock market is poised for a potential rally as bargain-hunting is expected, fueled by recent gains in United States markets on signals of an upcoming rate cut from the US Federal Reserve, which aligns with investor anticipation of a policy rate reduction from the Bangko Sentral ng...
After the end of the second quarter earnings season, local stock market investors will still be shifting through financial reports while also keeping an eye on the impact of the new Philippine Stock Exchange index composition. “The market will be closely watching the upcoming PSEi rebalancing set...
Local stock market investors will continue to digest second-quarter earnings reports this week while keeping a close eye on developments in US trade policies. Philstocks Financial Research Manager Japhet Tantiangco said investors are looking for new catalysts. “Investors are expected to watch for...
The local stock market will be taking cues from several Philippine economic reports—including inflation, jobs, and gross domestic product (GDP)—as well as corporate earnings while the recent weakness of the peso and concern over United States (US) tariffs will continue to cast a shadow over...
Investors are closely watching President Marcos ' State of the Nation Address (SONA) and second-quarter earnings reports, while concerns about United States (US) tariffs and recent typhoon damage weigh on sentiment. “The local market made a comeback last week, regaining its ground above the...
With no economic news to be announced this week at the local front, stock market investors will be looking to the United States (US) for news on interest rates and tariffs as well as jobs and manufacturing data on Thursday, plus reports of early birds for the second-quarter earnings season. Online...
Local stock market investors are closely watching two key developments this week, updates on trade negotiations between the Philippines and the United States (U.S.) and the release of data on remittances from overseas Filipinos (OFs). “The US’ planned 20-percent tariffs against the Philippines...
Cautious trading is expected to prevail at the Philippine stock market this week as investors await developments following the July 9 deadline for United States trade negotiations. “We may see cautious sentiment as global trade uncertainties may take center stage again. This is as the US’ trade...
The upcoming reduction in the Philippine stock transaction tax, effective Tuesday, is expected to boost trading activities, as investors remain cautiously optimistic despite global markets and oil prices being sensitive to developments in the Middle East. “The local market managed to bounce back...
With no major economic data scheduled for release this week, the local stock market is expected to remain weighed down by the ongoing conflict between Israel and Iran and the inflationary effects of its impact on oil prices. Philstocks Financial Research Manager Japhet Tantiangco said the local...
Top influencers of investor sentiment this week will be the possible rate cut by the Bangko Sentral ng Pilipinas, overseas Filipino remittances, US-China trade talks, and the increasing tension in the Middle East. “The local market managed to extend its climb last week, backed by optimism on...
The Philippine stock market is expected to continue moving sideways this week after benign inflation failed to spur a rally, although some investors will take cues from data to be released by the Bangko Sentral ng Pilipinas, including foreign direct investment and balance of payment numbers....
