PSE Market Outlook (31 Jan 2025) by Regina Capital Development Corp.
The PSEi dropped by -0.74%, closing at 6,107.66.
PSE Market Outlook reports summarize our partner brokersâ 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 dropped by -0.74%, closing at 6,107.66.
Expect volatile sessions with the month-end portfolio closing.
Attention is set on Philippine 4Q24 GDP, as well as BSPâs sequel guidance on monetary policies.
The PSEi ended with a modest gain of +0.48%, closing at 6,378.86/sh.
The market might take comfort from Pres. Trumpâs latest statement in the World Economic Forum calling for OPEC to reduce prices & for central banks to support lowering interest rates.
Market participants may continue to monitor supply presence in select sectors during intra-day strength, as sentiment takes its cue from Wall Streetâs incline.
The PSEi ended yesterdayâs session with a doji candlestick, reflecting market indecision as price action remains anchored at the 6,300 level.
Participants may continue to search for trading windows in select stocks, while heeding for latest corporate earnings & other new leads.
Activity might remain light, as global fund managersâ attention is swayed to movements at the crypto & currencies market.
Sentiment might take its cue from US equitiesâ overnight incline Friday, as global markets monitor sequel policies from the formal inauguration of Pres. Trumpâs administration.
The PSEi slid below its 6,400 support, driven by heavy foreign selling, ending the week down 2.22% w/w at 6,352.12 (-144.20 pts).
The PSEI decreased by -1.03%, closing at 6,265.52/sh.
Investors would be monitoring for possible repeat of prior sessionâs MOC-selling, especially on intra-day rallies.
Local equities may take its cue from Wall Streetâs incline, riding on solid earnings from financials & latest CPI gauge in relation to the Fedâs possible course on interest rates.
The PSEi struggled to stay afloat this week, with another bearish session keeping the index in the red for most of the trading day and ultimately closing just below the 6,300 level.
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