BARGAIN hunting could help boost the stock market this week, analysts said, but the trimmed rate cut projections by the US Federal Reserve (Fed) and the Bangko Sentral ng Pilipinas (BSP) could potentially dampen investor sentiment.
The benchmark Philippine Stock Exchange last week hit an over five-month low on Dec. 19, closing at 6,395.60, but rebounded a day after, ending the week at 6,406.38, down by 3.2 percent week-on-week.