F. Yap Securities / 2TradeAsia

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.

Having slipped below 5,800, buyers might remain at bay for now, to wait until supply pressure ebbs, especially on intra-day ascents.

Expect volatility to continue, as participants seek feelers whether the PSEi would recoup its poise back to the 6,000 zone.

Eyes are fixed on continuity of the PSEi’s rebound, as participants gauge whether weaker 3Q GDP and higher inflation numbers have already been factored into prices.

Participants may go through another ‘feeler mode’ for local equities, given the extent of supply pressure from yesterday’s trades.

Market participants will sift through interim results for 9M25 from select large-caps (approx. 25% weight to PSEi basket), as several take feelers whether the PSEi would be able to recover its poise above the 6,000 zone.

Expect gyrations, as participants weigh on month-end portfolio closing, Xi JinpingTrump’s meeting in South Korea and reception to the Fed’s 25bps rate cut.

With regional peers and US markets rising on China-US trade deal prospects, eyes are set whether local equities would be able to recoup its poise to return above the 6,000 zone.

Participants may take inspiration from Wall Street’s ascent, on rising support for a Fed rate cut given latest inflation data plus China-US trade summit on Thursday.

Sentiment might take its cue from Wall Street’s overnight gain, ahead of Trumpand Xi Jinping’s meeting next week.

Attention is fixed on the PSEi’s staying power above the 6,000 mark, as investors monitor possible continuity of yesterday’s selling pressure.

Attention is set anew on the PSEi’s ability to trounce past 6,100, as investors check supply presence on intra-day ascents.

Participants may continue to check supply pressure on intraday rallies, based on recent trend.

Continued monitoring is seen, whether the PSEi would set a new tone from its current sluggish trend.