Stocks to stay sideways ahead of key dataThe Philippine Stock Exchange index (PSEi) posted a strong rebound last Friday following a steep drop the previous day due to the country’s lackluster full year 2025 gross domestic product (GDP) growth. MANILA, Philippines — The local stock market is expected to remain on defensive mode this week, with investors waiting for the results of upcoming local economic data for a clearer direction. Philstocks Financial research manager Japhet Tantiangco said the local market is still deemed attractive at its current position. Investors are also expected to watch out for the upcoming February inflation data. Hopes that the BSP (Bangko Sentral ng Pilipinas) would cut policy rates in their February meeting may give the market support,” he said.
