Market on edge as US-Iran talks failMANILA, Philippines — The stock market is expected to move sideways with a negative bias this week as investors continue to keep track of developments in the Middle East. “Market will price in ceasefire talks progress that started this weekend. Unicapital Securities head of research Wendy Estacio-Cruz said the index is seen trading sideways in the near term, as investors remain watchful of developments surrounding the US-Iran talks, which could influence global risk sentiment. “Overall, investors are still advised to be cautious as the US-Iran ceasefire is deemed fragile,” Tantiangco said. “Chartwise, in last week’s trading, the market was able to get past the 6,000 level and the 10-day exponential moving average (EMA).

Source: Philippine Star April 12, 2026 16:44 UTC