{
  "id": 10250172,
  "title": "Bearish trades seen this week",
  "url": "https://urgent.news/2026/09/27/bearish-trades-seen-this-week",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-27T16:00:00.000Z",
  "source": {
    "name": "Philippine Star Business",
    "slug": "philippine-star-business",
    "url": "https://www.philstar.com/business/2026/09/28/2559321/bearish-trades-seen-week"
  },
  "original_language": "en",
  "account": "The Philippine stock market is anticipated to maintain a bearish outlook this week due to inflation concerns, as reported by Manila-based sources. The Philippine Stock Exchange index (PSEi) managed to rise and close positively at 5,825.97 last Friday, but it saw a week-on-week decline of 0.51 percent. Wendy Estacio-Cruz, head of research at Unicapital Securities, explained that the market rebounded from a five-day losing streak last Friday, driven by bargain hunting, which resulted in a relief rally. She emphasized that investors remain cautious due to lingering economic and geopolitical uncertainties. Estacio-Cruz believes that sustainable recovery requires evidence of improved growth prospects and reduced geopolitical risks. Cristina Ulang, head of research at First Metro Investment Corp., anticipates the PSEi to trade sideways or flat at the beginning of the week, with potential profit-taking on rallies. Ulang noted that the market's future direction is uncertain until the release of September inflation data, which could shed light on monetary policy expectations. Philstocks Financial research manager Japhet Tantiangco highlighted that the market's current support is at 5,800, while resistance is at 6,000. This week, he predicted the market might test 5,800 once again. Tantiangco also pointed out that inflation continues to be a key issue, driven by high oil prices, a weak local currency, and increasing inflation expectations. Though current levels are viewed as attractive, the bearish sentiment persists as other markets are underperforming against local equities, and overall macroeconomic conditions remain discouraging. Market observers are watching the Bangko Sentral ng Pilipinas' September inflation outlook and GCash's initial public offering pricing, scheduled for October 1.",
  "summary": "The local stock market is expected to continue moving with a bearish bias this week amid concerns on inflation.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}