By Revin Mikhael D. Ochave, Reporter
THE Philippine Stock Exchange index (PSEi) could trade at 7,000-8,000 this year, with the start of US President-elect Donald J. Trump’s second term, the direction of global monetary policy, and the midterm elections in the Philippines to dictate the market’s movement.
The PSEi closed 2024 at 6,528.79, rising by 1.2% or 78.75 points from its end-2023 finish of 6,450.04. This marked the first time since 2019 that the index posted a year-on-year increase.
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