PSEi may end above 7,000 this year on monetary policy easing prospects

THE BELLWETHER Philippine Stock Exchange index (PSEi) could end the year above the 7,000 mark on expectations of monetary easing here and abroad, analysts said, especially with the US Federal Reserve expected to kick off its long-awaited rate cut cycle this week. On Monday, the PSEi rose by 1.15% or 81.35 points to close at […]

PSEi may end above 7,000 this year on monetary policy easing prospects
THE BELLWETHER Philippine Stock Exchange index (PSEi) could end the year above the 7,000 mark on expectations of monetary easing here and abroad, analysts said, especially with the US Federal Reserve expected to kick off its long-awaited rate cut cycle this week. On Monday, the PSEi rose by 1.15% or 81.35 points to close at […]