F. Yap Securities / 2TradeAsia

Expect volatile sessions with the month-end portfolio closing.

Attention is set on Philippine 4Q24 GDP, as well as BSP’s sequel guidance on monetary policies.

The market might take comfort from Pres. Trump’s latest statement in the World Economic Forum calling for OPEC to reduce prices & for central banks to support lowering interest rates.

Market participants may continue to monitor supply presence in select sectors during intra-day strength, as sentiment takes its cue from Wall Street’s incline.

Participants may continue to search for trading windows in select stocks, while heeding for latest corporate earnings & other new leads.

Activity might remain light, as global fund managers’ attention is swayed to movements at the crypto & currencies market.

Sentiment might take its cue from US equities’ overnight incline Friday, as global markets monitor sequel policies from the formal inauguration of Pres. Trump’s administration.

Investors would be monitoring for possible repeat of prior session’s MOC-selling, especially on intra-day rallies.

Local equities may take its cue from Wall Street’s incline, riding on solid earnings from financials & latest CPI gauge in relation to the Fed’s possible course on interest rates.

Participants may adopt a wait-and-see mode for now, given supply pressure that typically comes out on intra-day ascents.

Gauges might be poised for recovery, as buyers aiming to position on lows find the 6,300 zone attractive.

Sentiment might sway to Wall Street’s sharp retreat Friday, as strong jobs data is supporting views for status quo from the Fed on its widely-watched interest rate policy.

Another range-bound session might be seen, with US markets on National Mourning for former Pres. Jimmy Carter.

Buyers may keep a close watch on local gauges’ movement, to check if supply pressure remains present prior to taking positions in select large caps.

Further monitoring on continuity of prior session’s supply pressure is expected, as gauges settle at a comfortable zone.