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The PSEi went back towards the 6,100 level, offering some relief despite equities remaining under pressure from persistent bearish sentiment.

The market might take its cue from Wall Street’s overnight ascent, as expectations build for monetary easing from the Fed.

Market participants may continue with their wait-and-see mode, specifically on the impact of ongoing deliberations to DPWH flood-control ‘ghost projects’.

The PSEi declined further below the 6,200 mark, extending its decline as index equities remained weak under persistent bearish sentiment.

Investors will monitor possible continuity of prior session’s MOC-boost, especially during intra-day dips.

Expect subdued movements for now, with the extended weekend for US investors.

Movements might be range-bound, as participants check on feelers on FTSE’s upcoming rebalancing.

The PSEi slipped to 6,190, dropping -1.33% with index equities consecutively ending in the red driven by continued bearish sentients for the market.

Expect volatility, with the month-end portfolio closing, as some participants dial back on expectations how succeeding months’ inflation would behave, as US tariffs in select major countries take hold.

Eyes are set on BSP’s policy meeting, that could provide zest for interest ratesensitive sectors.