Cautious trading seen despite inflation relief

THE Philippine stock market could struggle to sustain last week's rebound as investors weigh easing inflation against lingering geopolitical and economic uncertainties. The benchmark Philippine Stock Exchange index (PSEi) closed at 5,938.38 last Friday, climbed 2.94 percent week-on-week as bargain hunting lifted oversold stocks after inflation slowed more than expected in May. The market drew support from the inflation reading of 6.8 percent, down from April's 7.2 percent and below market expect