Shares to move sideways before Fed, GDP data

PHILIPPINE SHARES may trade sideways this week as players await the outcome of the US Federal Reserve’s first policy meeting for 2025 and the release of fourth quarter and full-year 2024 Philippine gross domestic product (GDP) data. The benchmark Philippine Stock Exchange index (PSEi) sank by 1.29% or 82.66 points to close at 6,296.20 on