Market Outlook

Sentiment might take its cue from flaring geopolitical headlines in the Middle East, as well as USTR’s consideration to slap new import tariffs across countries.

Attempts to scale back to the 6,000 zone is being monitored, although supply pressure might set in given local political headlines at home.

Recovery may continue, with trading windows widely-open to bring the PSEi back to the 6,000 territory.

Prospective gradual positioning might take shape, as investors position for dividend plays & those with solid composure drives this year.

The local bourse booked its third losing streak closing -0.25% as the broader trend remains rangebound, while continuing to trade beneath key moving averages.

Prospective gradual positioning might take shape, as investors position for dividend plays & those with solid composure drives this year.