F. Yap Securities / 2TradeAsia

Market participants will check for continued supply pressure, following prior session’s weak market breadth.

The anticipated nationwide roll-out of P20/kg rice pricing is something the investing community might look out for, following PBBM’s SONA.

The market is back to the elusive 6,500 zone, and feelers might reverberate anew for the market to trounce past this barrier.

Possible follow-through buying is seen, on hopes for positive outcome from PBBM’s trade visit to the US on tariffs & maritime security.

Sessions may continue with its sideways trend, as the investing community assess how Pres. Trump’s tariff policies would filter into the wider economy.

Participants may heed for continuity of prior session’s supply pressure, to wait for relatively stable footing on the overall gauge.

Attention might be on stabilization above the 6,500 zone, especially in maintaining the previous session’s net foreign buying position.

Similar mixed session is seen, as market players assess Pres. Trump’s latest rhetoric on tariffs on copper imports, plus upcoming semiconductors & pharmaceutical items.

The market may revert to ‘feeler-mode’ state, with the US’ 09 July tariff deadline.

Eyes are set on the release of June inflation (estimated at 1.1%-1.9% range), widely seen to remain benign vs May’s 1.3%.

Participants may keep an eye for possible supply pressure on intra-day rallies, ahead of the US Independence Day break.

Sentiment might anchor on improved manufacturing readings in June plus S&P Global’s outlook on the local banking sector.

Sentiment might take its cue from Wall Street’s overnight ascent, on hopes for more trade accord.

Another range-bound session is expected, as fund managers weigh on sequels once the 90-day tariff truce deadline expires, plus dialogues within the Israel-Iran ceasefire.

Sessions might move sideways, as participants prepare for quarter-end portfolio repositioning.