Analyst: PSEi to continue trading sideways amid 'worried' market until major catalyst in vaccination
Philippine Stock Market News – Highest Rated?
Market Edge: PhilEquity Fund manager Miguel Agarao sees the Philippine stock market continuing to trade sideways in the next three to six months amid ‘worries’ due to the resurgence in COVID-19 cases and reimpositions of stricter lockdowns. Agarao says it will take a major catalyst, particularly developments in the country’s vaccination rollout, to spur the economy and spark positive market movement. He advises investors to bet on companies seen to recover faster amid the pandemic.
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