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Market participants may continue to uphold on their feeler’ status, especially with supply pressure still present.

Market participants may continue to seek for clues if local gauges would bolt out from its flattish trend, pending the Fed’s guidance on sequel policies onto early 2025.

Participants may monitor possible ‘good cheers’ this week, as expectations build for the Fed’s 25bps rate cut, as well as from local monetary authorities.

The PSEi ended slightly lower by 0.02%, settling near the 6,600 level.

Eyes are set whether the PSEi would break its monotonous stance, as investors check on continuity of supply pressure.