F. Yap Securities / 2TradeAsia

Caution may continue to rule, as fund managers sift through Trump’s key policies, as well as latest interim results from large-caps (i.e., flattish on TEL, weakness in URC).

Equities investors will monitor fiscal policies in Trump administration, and its impact to US inflation & regional trade.

Participants will monitor sentiment to Donald Trump’s presidential victory, especially on the aspect of international trade & other geopolitical headlines.

Sequel rallies might be seen, as investors glide to Wall Street’s overnight incline.

Another subdued yet volatile session is seen, with most global investors on the watch for the US election & the Fed’s policy meeting.

Participants should expect volatility this week, with the US presidential election and the outcome of the Fed’s policy meeting.

Expect volatile sessions with the month-end closing, as well as US elections next week.

Participants might err on the side of caution, with yesterday’s sell-off.

Expect volatility with the month-end portfolio closing while participants heed for 3Q earnings releases and guidance for 4Q and 2025.

Having fallen below 7,300, market participants might bid for time for the gauge to stabilize, possibly above the 7,200 zone.

Another subdued session might prevail, as participants heed for other catalysts to support positioning, while monitoring the effects of the current typhoon.

Another subdued session is seen, as participants’ attention is swayed by developments on the typhoon within the area of Philippine responsibility.

Subdued sessions may continue, as some investors check on momentum improvement prior to positioning.

Sentiment could sway to optimism in the region, following latest steps taken by China to boost growth in its economy.

Similar trading pattern is seen, with local gauges touching intra-day highs and some investors seizing on this strength to profit-take.