F. Yap Securities / 2TradeAsia

Sentiment might get its strength from the planned China-US talks in South Korea later this month, to ease their trade rift.

Expect knee-jerk reactions on regional equities, stemming from the retaliatory tariffs issue between China-US effective November.

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.

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.

Sessions might remain subdued for now, as investors check on catalysts that could boost aggressive buying.

Expect choppy trades, as attention might skew to the Senate Blue Ribbon’s sequel probe on flood control issue.

Sentiment might take its cue from US equities’ Friday rally, on hopes for continued easing cycle from the Fed.

Possible profit-taking might be in store, given the local bourse’s run-up.

Participants might laud the Fed’s move to reduce its benchmark interest rate by 25bps, with hints for more potential cuts in sequel meetings for 4Q.

Participants will check for possible follow-through rallies, given the previous session’s ascent.

Attention remains whether the PSEi can detach itself from domestic political headlines, as fund managers focus on the Fed’s anticipated policy easing call this week.