Local share prices may trade sideways with a downward bias this week on technical correction after four straight weeks of gains, analysts said over the weekend
“However, at its current level, the local market is still deemed fundamentally undervalued,” Tantiangco said. He said hopes of a rate cut by the Bangko Sentral ng Pilipinas also continue to boost investor sentiment.
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: