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Sessions might be range-bound, as investors parse through 1Q results from listed shares & factor-in guidance for the remaining stretch this year.

Market participants are seen to sift through 1Q results, specifically on core earnings from select large-caps.

The PSEi increased 0.72% w/w to 6,458.20 (+46.34pts), remaining above its 6,400 support as well as its 20-day, 50- day, and 100-day moving averages (MA).

Sentiment may turn receptive to China-US accord to lower tariffs during their 90-day truce, plus the relatively peaceful outcome of the local elections.

Following a short climb, the PSEi fell -1.17%.

Participants may continue to parse through 1Q results, as well as forward guidance from select large caps.

From inflation, attention would shift to 1Q25 GDP data, expected to be released Thursday.

Following a strong continuation of the recent uptrend, the PSEi edged higher and consolidated near the 6,500 mark.

The market might be receptive to April’s inflation (1.4% vs March’s 1.8%), & likely to switch attention to the local central bank’s policy response.

Similar pattern may be seen, as fund managers await for results from the Fed’s policy meeting.