PSE Market Outlook (3 Mar 2025) by 2TradeAsia
The market may see a restrained bounce as traders reassess positions after the MSCI-driven selloff.
The market may see a restrained bounce as traders reassess positions after the MSCI-driven selloff.
BDO closed with a +1.76% intraday gain, extending its rally for a third consecutive session and trading above all key moving averages.
ALI closed -0.22% lower, extending its downtrend after failing to hold recent bounce attempts.
SMPH dropped -1.43% intraday, snapping a two-day gain and slipping below its short-term moving averages.
The PSEI fell by -0.34% intraday, struggling to gain momentum after bouncing off recent lows.
The market may stay range-bound as investors digest recent earnings and global cues.
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