Analysts see stocks trading sideways in first week of 2025

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Philippine stocks are expected to trade sideways in the first trading week of 2025 as investors return from a long holiday. Trading will resume at the

Philippine stocks are expected to trade sideways in the first trading week of 2025 as investors return from a long holiday.- Advertisement -

It said the Philippine Stock Exchange index could range, from a low of 7,030 , to a high of 8,080 and a potential peak of 9,399 under the most optimistic scenario. Domestic market capitalization at yearend rose 11.2 percent to P14.57 trillion from P13.10 trillion in 2023. The total capital raised from the equities market amounted to P82.37 billion, down from P140.95 billion raised in the previous year.

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