THE stock market may see a lift from positive earnings results and the Bangko Sentral ng Pilipinas’ surprise move last Friday to lower bank reserve requirements, analysts said, but global uncertainties could continue to weigh on investor sentiment.
The benchmark Philippine Stock Exchange index (PSEi) managed a 0.62-percent week-on-week rebound, closing at 6,098.04 last Friday, but is still down 6.60 percent year-to-date amid worries over US trade protectionism and interest rate cuts.
