PSEi hitting 8,000 not as absurd as one would think, say analysts

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4 months ago

Is there a possibility that the Philippine Stock Exchange Index (PSEi) could still secure 7,000 in the next 12 months? For First Metro Securities Brokerage Corp. and Singapore’s DBS Bank, the answer is yes. In fact, reaching 8,000 should also not be written off. The PSEi last closed above 7,000 on Feb. 1 last year.

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