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The index gained +1.39% at the close, breaking its losing streak from previous sessions to finish at 6,083.83.

The PSEi closed slightly higher by +0.23% at 6,039.76, showing a small bounce after recent losses.

Participants may continue to monitor how the local bourse would gather momentum, to firm-up its base above the 6,000 zone.

Expect volatility, as participants weigh on the PSEi’s staying power above the 6,000 zone.

Expect volatility given the month-end portfolio repositioning & sequels to the Blue Ribbon Committee’s flood control issue hearing.

The PSEi slipped by 3.79% w/w to close at 6,027.12 (-237.37 pts.), reversing last week’s gain.

Resumed buying is seen, as investors position in key stocks’ oversold state.

Participants may monitor continued net foreign buying in select shares, while sentiment remains anchored on domestic political headlines.

The spotlight is on continuation of the Senate Blue Ribbon committee’s hearing, especially on sequel testimonies from parties involved.

The PSEi closed lower by –1.55% at 6,118.54, extending its recent weakness as the index struggles below key moving averages.