Welcome to PinoyInvestor!

Recovery is seen, as participants take their cue from improving expectations for policy easing from the Fed.

Rising expectations for a Fed rate cut may support advances this week.

The PSEi went back towards the 6,100 level, offering some relief despite equities remaining under pressure from persistent bearish sentiment.

The market might take its cue from Wall Street’s overnight ascent, as expectations build for monetary easing from the Fed.

Market participants may continue with their wait-and-see mode, specifically on the impact of ongoing deliberations to DPWH flood-control ‘ghost projects’.

The PSEi declined further below the 6,200 mark, extending its decline as index equities remained weak under persistent bearish sentiment.

Investors will monitor possible continuity of prior session’s MOC-boost, especially during intra-day dips.

Expect subdued movements for now, with the extended weekend for US investors.

Movements might be range-bound, as participants check on feelers on FTSE’s upcoming rebalancing.