Market Outlook

The index closed at 6380.53, up by 1.15%, rebounding as it remains within the short-term pullback.

Expect volatility, with WTI crude advancing above $80/barrel.

Volatility may continue, as market participants size-up fiscal preparations from the US/Israel-Iran conflict.

The index edged up +0.29% higher after retracing into previous breakout levels, hovering above key moving averages.

Another range-bound session is seen, as market participants debate on the extent of the ongoing conflict in US/Israel-Iran.

The index closed at 6625.46, up 0.08%, as it continues its 4-day uptrend, trading comfortably above key moving averages.

Expectations of improved economic momentum for 2026 might aid increased buying at the local bourse, alongside possibilities for additional monetary plus fiscal stimulus.

Rises may continue, given the solid momentum build-up in net foreign buying for local equities.

Having moved above the 6,500 zone, participants will monitor the PSEi’s staying power, as some might seize on the recent strength to pocket gains.

Expectations of improved economic momentum for 2026 might aid increased buying at the local bourse, alongside possibilities for additional monetary plus fiscal stimulus.

Regional markets may get the boost from the US SC’s move to declare as illegal, Pres. Trump’s punitive tariffs, while the latter effected 10% temporary global Import duty for 150 days, providing relief on regional trade.

Expect subdued sessions and movements within narrow band, with most fund managers on their Lunar New Year break.

The PSEi declined 0.1% w/w, closing at 6,384.58 (-6.33 points), and is currently trading above its 50-day, 100-day, and 200-day moving averages (MA).

The index corrected after its recent rally, pulling back 0.42%, but still trading above key moving averages.

Profit-taking may continue, ahead of next week’s Chinese Lunar year break, while some fund managers seize this trend to reposition portfolios.