Market Outlook

The PSEi slipped 0.87% w/w to 6,339.77 (-55.82 pts.).

Expect supply pressure, following the weekend US bombing of Iran’s nuclear facilities.

The PSEi closes at 6,357, gaining +0.31%.

The PSEi edged by +0.17% to close at 6,369.19.

The PSEi closed at 6,381.32, up by +0.53%, but the indicators present a mixed picture.

Follow-through buying is seen, given favorable backdrop at the macro front.

The PSEi closed at 6,347.67, losing 0.91%.

Participants may be watchful for possible continuity of supply pressure, given prior session’s trend.

Gauges may continue its ascent, as the market re-tests crossing near the 6,500 zone.

The PSEi increased 0.56% w/w to 6,376.79 (+35.30pts), trying to reclaim the 6,400 level and closing below its 20-day and 200-day moving averages (MA).

Sentiment might take its cue from Wall Street’s Friday advance, ahead of 09 June trade talks between China-US.

Eyes are set on possible sideways trade, as investors heed for the latest inflation in May.

The PSEi closed at 6,412.86, up by 0.95%, showing a slight recovery after moving sideways in recent sessions.

Focus would be on the PSEi’s move past 6,500, as sentiment might track Wall Street’s overnight rise.

Another volatile, range-bound session is seen, as fund managers parse through reciprocal tariff headlines.