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Having moved above the 6,500 zone, participants will monitor the PSEi’s staying power, as some might seize on the recent strength to pocket gains.

Expectations of improved economic momentum for 2026 might aid increased buying at the local bourse, alongside possibilities for additional monetary plus fiscal stimulus.

Regional markets may get the boost from the US SC’s move to declare as illegal, Pres. Trump’s punitive tariffs, while the latter effected 10% temporary global Import duty for 150 days, providing relief on regional trade.

Expect subdued sessions and movements within narrow band, with most fund managers on their Lunar New Year break.

The PSEi declined 0.1% w/w, closing at 6,384.58 (-6.33 points), and is currently trading above its 50-day, 100-day, and 200-day moving averages (MA).

The index corrected after its recent rally, pulling back 0.42%, but still trading above key moving averages.

Profit-taking may continue, ahead of next week’s Chinese Lunar year break, while some fund managers seize this trend to reposition portfolios.

Expect volatile trades, as some investors seize on the recent ascent to cash-out to reposition portfolios and next week’s Chinese Lunar year break.

The index closed at 6474.60 as it ended higher today (+1.98%), as it continues to consolidate above key moving averages.

Eyes are set whether local gauges would move above the 6,500 barrier, given yesterday’s advance.