SHARE prices could retreat this week given the absence of major catalysts and as selling pressure builds following the stock market s continued upward trajectory.
THE peso regained some ground, and the stock market rose back to the 6,800 level on Tuesday, with investors said to have cheered an interest rate cut outlook.
THE peso and the stock market both dropped at the start of the trading week, falling back to the P56:$1 and 6,700 levels, respectively, in the absence of major catalysts.