Local investment house Unicapital Group sees the Philippine economy growing by 6.3 percent next year, with inflation falling to 3.1 percent, which is expected to propel the Philippine Stock Exchange Index (PSEi) to the 8,000 level. While the group holds a positive outlook for 2025, it acknowledges...
The Philippine Stock Exchange’s benchmark, the PSEi, is seen to end the year at the 7,000 level as a favorable economic landscape is unfolding with lower interest rates and an easing inflation rate. “Our bottom-up analysis suggests a target of 7,000 for the PSEi in 2024, implying a...