PHILIPPINE shares may experience some buying pressure this week as fund managers rebalance and window-dress their portfolios as the quarter draws to a close. It remains to be seen if the pressure is enough to boost prices in the absence of lack of real market-lifting catalysts, analysts said.

“As to how the market fared during the first quarter of the year will be highlighted this week. For most of March, we saw the local benchmark trading from 7,150 to 7,400, a continuation of the sideways trend made in the first two months of the year,” online brokerage firm 2TradeAsia.com said.

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