ECONOMIC data releases due this week could boost investor sentiment and lift the stock market, analysts said.The benchmark Philippine Stock Exchange index closed the first, albeit shortened, trading week of 2025 at 6,603.81, up 1.14 percent from its end-2024 close of 6,528.79.The Philippine Statistics Authority will release December inflation results, along with November manufacturing output data, tomorrow and will follow this up with November jobs and preliminary trade figures on Jan.
''Also, the market is still operating under a newly-formed death cross which signals possible downtrend in the medium to long run,' Tantianco said as he advised investors to remain cautious.A death cross, where the short-term moving average drops below the long-term one, is an indication of a bearish market.For this week, Tantiangco said 'eyes are going to be on the Philippines' December inflation data as this will provide clues on the BSP's policy outlook.
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