PSEi seen consolidating below 6,400

MANILA, Philippines – Philippine stocks may stay range-bound this week as investors adopt a more defensive stance ahead of key macro catalysts, including the Bangko Sentral ng Pilipinas’ (BSP) February policy meeting, according to brokerage 2TradeAsia. For Michael Ricafort, chief economist at Rizal Commercial Banking Corp., the biggest local market catalyst this week is a