Welcome to PinoyInvestor!

The PSEi fell 3.04% w/w to 5,584.35, decisively breaking below the 5,700 support level.

Caution might prevail, as attention is locked on the PSEi’s staying power above 5,500.

The PSEi posted a mild gain of +0.23% to close at 5,726.99, showing a brief pause from the sustained selling pressure seen throughout the week.

Expect volatile sessions, as the market digests on 9M corporate earnings & renewed debates on whether the Fed would pursue its rate cut for the final lapse of 2025.

Eyes are set on possible continuation of yesterday’s ascent, which may be driven by crude futures’ sharp decline.

The PSEi dropped by 1.29% to close at 5,629.07, extending its decline as persistent selling pressure weighed on market sentiment.

Having cracked below 5,700, participants might stay on the sidelines for now, until gauges firm-up a solid base.

Monitoring on interim results continues, as participants assess the depth of consumer demand and investment initiatives for the remainder this year.