PSEi file photo MANILA, Philippines – First Metro Securities and DBS Bank raised their year-end PSEi target to 6,700 from 6,500 as easing geopolitical tensions improved market sentiment. In a
PSEi file photo
MANILA, Philippines – First Metro Securities and DBS Bank raised their year-end PSEi target to 6,700 from 6,500 as easing geopolitical tensions improved market sentiment.
In a joint report, the brokerages raised their target on expectations of modest earnings growth and a partial valuation recovery as US-Iran tensions de-escalate.
READ: Iran-US talks to continue through the night
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