Market Outlook

The PSEi fell 3.04% w/w to 5,584.35, decisively breaking below the 5,700 support level.

Caution might prevail, as attention is locked on the PSEi’s staying power above 5,500.

The PSEi posted a mild gain of +0.23% to close at 5,726.99, showing a brief pause from the sustained selling pressure seen throughout the week.

Expect volatile sessions, as the market digests on 9M corporate earnings & renewed debates on whether the Fed would pursue its rate cut for the final lapse of 2025.

Eyes are set on possible continuation of yesterday’s ascent, which may be driven by crude futures’ sharp decline.

The PSEi dropped by 1.29% to close at 5,629.07, extending its decline as persistent selling pressure weighed on market sentiment.

Having cracked below 5,700, participants might stay on the sidelines for now, until gauges firm-up a solid base.

Monitoring on interim results continues, as participants assess the depth of consumer demand and investment initiatives for the remainder this year.

Having slipped below 5,800, buyers might remain at bay for now, to wait until supply pressure ebbs, especially on intra-day ascents.

Expect volatility to continue, as participants seek feelers whether the PSEi would recoup its poise back to the 6,000 zone.

The index reflected a modest rebound, increasing by +0.67% to close at 5,867.04, recovering from last week’s persistent declines as investors cautiously re-entered selective oversold positions.

Eyes are fixed on continuity of the PSEi’s rebound, as participants gauge whether weaker 3Q GDP and higher inflation numbers have already been factored into prices.

Participants may go through another ‘feeler mode’ for local equities, given the extent of supply pressure from yesterday’s trades.

The PSEi fell 0.97% w/w to 5,929.68 (-58.34 pts.), reversing its earlier gains during the week.

Market participants will sift through interim results for 9M25 from select large-caps (approx. 25% weight to PSEi basket), as several take feelers whether the PSEi would be able to recover its poise above the 6,000 zone.