F. Yap Securities / 2TradeAsia

Attention is set whether the PSEi’s run-up would continue, or for prospective breathers to set in.

Participants will monitor if prospective technical breathers might set in, given the local market’s recent ascent.

Market participants will monitor the PSEi’s move above the 6,200 mark, following prior sessions’ ascent.

The mood might remain tentative, pending the Fed’s sequel move on benchmark interest rate.

Movements might stay sideways, possibly with another downward bias, ahead of the Fed meeting.

Participants might adopt a wait-and-see stance for now, to check if supply pressure from FTSE rebalancing has already subsided.

The market might see similar last-minute lift, while trading within a tight range for most part of the session.

Choppy sessions are seen, as sentiment might glide to Wall Street’s overnight weakness (DJIA -0.57%, Nasdaq Comp. -1.06%) on renewed concerns over

Participants may need to sift through August’s latest inflation data (+5.3% vs. July’s 4.7%), especially on guidance from the local central bank on

Market participants will focus on movements in select index stocks, that may include the tender offer progress in MPI.

Some might take interest in heavily-beaten large-caps that led yesterday’s descent.

Expect volatility with the month-end portfolio repositioning.

Sentiment might glide to Wall Street’s overnight incline (Friday & Monday), as views are weighed on Fed chair Powell’s statement plus upcoming inflation data in the US.

Market participants will sift through headlines during the weekend break, especially with Fed chair Powell’s upcoming statement, and property trends in China.

Participants will check on continuity of prior session’s advance, as well as consensus for status quo from BSP’s policy meeting today.