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.
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