Welcome to PinoyInvestor!

The index closed sideways, peaking on the green at 6,093.53 gaining little (+0.16%) throughout the open.

Attention is set anew on the PSEi’s ability to trounce past 6,100, as investors check supply presence on intra-day ascents.

Participants may continue to check supply pressure on intraday rallies, based on recent trend.

Continued monitoring is seen, whether the PSEi would set a new tone from its current sluggish trend.

The index closed nearly flat, slipping by -0.01% to 6,093.67 as investors showed restraint ahead of fresh market catalysts.

Market participants will monitor if supply pressure would still emerge on intra-day rallies, given the local bourse’s limited movement in previous sessions.

Similar trend from previous session is seen, as participants revert their focus on quarterly earnings results plus guidance for the remainder this year.

The index ticked higher with a gain of +0.39% moving sideways from negative close last week with investors taking advantage of the short bullishness.

Expect range-bound movements, as participants sift through an expected 3Q slowdown with political headlines in mind on slower fiscal spending and weather disturbances.