Welcome to PinoyInvestor!

The PSEI inched higher by +0.76% intraday, attempting to regain momentum as it now holds above its short-term MA.

Given US markets’ renewed slump, expect volatility from the latest traderelated issues within the wines/spirits market.

Another range-bound session is seen, as market participants heed for sequels to ongoing political headlines at home.

Regional markets’ attention might sway into the US inflation print, due Wednesday;

The market appears prepared to establish its footing around the 6,000 level, with market participants encouraged with the softer inflation level recorded in February.

The PSEi remains to be traded below its key MA levels despite its intraday gain of +1.60% to 6,219.96.

Participants could continue seeking bargain buys.