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Receding interest rates seen boosting PSEi toward 8,000 in 2025

By Inquirer - 2 days ago
The Philippine Stock Exchange Index (PSEi) is seen to reach 8,000 level next year as projected cuts on interest rates might spark a buying spree in the local market, according to Unicapital Securities Inc. Wendy Estacio-Cruz, Unicapital head of research, told the Inquirer on Tuesday they were anticipating a reduction of 25 basis points (bps)

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