Welcome to PinoyInvestor!

Participants might sift through headlines on tempered GDP growth outlook plus S&P Global’s insolvency rating, versus expectations for monetary easing from the Fed & local authorities next week.

The index comes up by a marginal degree to close below the 6,000 level with investors gradually picking up positions for the holiday season.

Another range-bound session is seen as participants weigh on the odds for the Fed’s rate cut next week, that may be seconded by local monetary authorities.

Participants might angle on the latest weakness in local manufacturing gauge that could raise questions on the strength of 4Q consumer demand.

The PSEi rose 0.42% w/w to 6,022.24, bouncing from 5,800 support levels.

Following Friday’s incline, equities investors may aim for the PSEi’s next trajectory towards 6,200.

Expect volatile sessions, as some might cash-out ahead of US Thanksgiving plus month-end portfolio closing.

The index ends on the red to close at 5,976, losing -0.75%, coming down from the recent momentous gains.

Attention may revert to the PSEi’s move above the 6,000 zone, given wider expectations for a Fed rate cut plus monetary easing at home.

Movements might be range-bound, as the PSEi makes a firmer base above the 6,000 zone.