Corporate earnings report may provide some optimism this week in the local bourse that has been trading sideways due to worries over the coronavirus disease 2019 (Covid-19) outbreak.
“We see an upward bias as corporate earnings continue to come out,” Philstocks Financial Inc. senior research analyst Japhet Tantiangco said, noting that the main index is seen to trade within the 7,300 to 7,500 territory.
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