Stock market seen trading in a narrow range this week

Defining the News

The Philippine stock market is expected to trade within a narrow range this week as investors will gauge whether upcoming data could trigger a shift in the sideways movement.

China Bank Capital Corp. managing director Juan Paolo Colet said investors would also monitor developments in the Middle East and the movement in US bond yields. “We see the index racing within 6,150 to 6,420 area, with potential upside bias absent any negative surprises,” Colet said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MlaStandard /  🏆 20. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ukrainian soldiers learn first aid near the front lineDefining the News
Read more »

Abra seeks more gov’t security forces to thwart violenceDefining the News
Read more »

Foreigners killed, abducted or missing in Hamas attackDefining the News
Read more »

French prize for war reporters’ work in Myanmar, Mideast, Ukraine, HaitiDefining the News
Read more »

Local government units rev up for PNVF Challenge Cup in NovemberDefining the News
Read more »

TNT without resident big man Flores as PBA 3×3 resumesDefining the News
Read more »