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...
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...
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...
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...