PSE Market Outlook (14 Feb 2025) by Regina Capital Development Corp.
The PSEi increased by +1.14%, closing at 6,113.19.
PSE Market Outlook reports summarize our partner brokersā analysis of the expected short-term movement of the Philippine Stock Exchange index (PSEi). This report primarily relies on Technical Analysis and may be useful to short-term or day traders.
The PSEi increased by +1.14%, closing at 6,113.19.
Local participants would check on possible rises to 6,200, given the recent recovery, as others monitor supply availability on rallies.
Attention is on BSPās policy meeting, with consensus for possible 25bps rate cut.
The PSEi remains under pressure, declining by -0.82% intraday and slipping below the 6,000 mark once again.
Buyers might bid for time until sessions break-away from the usual solid opening, only to meet supply pressure in the process.
Renewed positioning might be in store for local equities, as buyers aim for the 6,000 mark.
The PSEi surged above its 6,000 support ending the week up 4.99% w/w at 6,154.99 (+292.40 pts).
Focus is set on MSCIās basket review, that would be balanced by rate cut expectations from local monetary policy makersā meeting this week.
The PSEi decreased by -0.62%, closing at 6,241.97, trading below MA levels.
Sessions might be range-bound, as participants monitor stabilization above 6,200.
Having recouped its poise above the 6,000 zone, investors will continue to monitor possible revert to 6,500-6,800, although some could seize on this strength to cash-out given volatile headlines on tariff-related issues & sequels to impeachment headlines at home.
The PSEi made a strong comeback after consecutive sessions of heavy selling, with the benchmark index reclaiming above 6,000.
Market players would monitor the PSEiās staying power above the 6,000 zone, as sentiment takes its cue from developments on Trumpās trade tariff measures.
Regional marketsā attention might sway to latest news on the 30-day reprieve reportedly agreed upon by Trump, as well as Mexico & Canada, on the effectivity of the recently-imposed importation tariff.
Caution may be the main carrying theme, with the PSEi falling below the 6,000 psychological zone.
Just signup below for free: