PSE Market Outlook (4 Mar 2025) by 2TradeAsia
Attention is on the upcoming February inflation report, which economists expect to be ‘moderated’.
Attention is on the upcoming February inflation report, which economists expect to be ‘moderated’.
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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