Thin volume seen on short trading week

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Local stocks are expected to move sideways this week with only three trading days due to the Holy Week break.

2TradeAsia.com said the stock market should brace for month and quarter-end window dressing in this shortened trading week, while anticipating potentially lower volumes.MANILA, Philippines —

“As markets officially bid adieu to the first quarter, take stock of lessons learned in early 2024 to guide decisions for mid-year: more data points have tilted markets toward more positive outlook in both macro and corporate earnings, but is also crucial to ground expectations and limit exposure to quality – pending actual rate cycle changes,” it said.

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