BusinessWorld E-paper
February 29, 2024
THE LOCAL stock market is positioned for a rebound this year amid expectations of interest rate cuts and easing inflation, industry stakeholders said.
“Beyond the risks, everything seems to be in place for the PSE index (PSEi) to reach the targets of banks and brokerages ranging from the low of 7,500 to 8,300,” Philippine Stock Exchange (PSE) President and Chief Executive Officer Ramon S. Monzon said in his keynote speech during BusinessWorld’s Stock Market Outlook 2024 forum in Makati City on Tuesday.
