Sideways movement seen; fresh data releases awaited

By Ed Paolo Salting

Jan 09, 2023 12:11 am

STOCK market investors could turn tentative this week ahead of the release of additional economic indicators despite a bullish start to the year, analysts said.

The benchmark Philippine Stock Exchange index (PSEi) gained during the first three trading days of the year but lost 93.36 points, or 1.38 percent, on Friday to close the week at 6,667.97.

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