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Expect range-bound movements for now, as participants check for possible continuity of selling pressure especially on intra-day rallies.

Local equities may continue its ascent, as fund managers position in select stocks backed by improving momentum indicators.

The PSEi rose by +1.64% w-o-w to close at 6,618.69.

Movements might be range-bound, as investors revisit corporate stories, specifically expansion plans & other M&A angles.