F. Yap Securities / 2TradeAsia

Volatility may continue, as market participants size-up fiscal preparations from the US/Israel-Iran conflict.

Another range-bound session is seen, as market participants debate on the extent of the ongoing conflict in US/Israel-Iran.

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

Rises may continue, given the solid momentum build-up in net foreign buying for local equities.

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.

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.

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

Participants might monitor possible continuity of yesterday’s MOC supply pressure, as focus sets on MSCI’s portfolio review (effective 02 March).

Local equities would take its cue from Wall Street’s Friday surge (DJIA +2.47%, Nasdaq Comp. +2.18%) as well as improved manufacturing indicator for December & higher GIR for January.

Sentiment might take its cue from US equities’ overnight weakness, although downsides are seen to be muted, given the lack of other tech sector plays at home.

Similar prior session trend is seen, as markets weigh S&P Global’s credit rating upgrade consideration for the Philippines, vis-a-vis the release of 4Q corporate earnings.