MANILA, Philippines — The local stock market barometer is expected to pause for more pullbacks this week after last week’s performance, said Chris Mangun, head of research at Eagle Equities. Last week, the PSEi closed at 8,420.95, down 0.32 percent for the week. I am expecting the market to show some more pullbacks in the following weeks,” he said. 2TradeAsia agreed that the market may pause for a breather this week. “After breaching to as much as 8,586 during the week, it is normal to see our gauge pause for breathers to sustain an ascent.

Source: Philippine Star October 22, 2017 16:18 UTC