Philippine Stock Market Outlook for 2025: Cautious Optimism Amidst Global Headwinds

  • 📰 TheManilaTimes
  • ⏱ Reading Time:
  • 60 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 51%
  • Publisher: 92%

Business 뉴스

Finance,Philippine Stock Market,Psei

Analysts predict a mixed start to the year for the Philippine Stock Market, influenced by investor sentiment and global economic challenges. While rate cut expectations and a strong finish to 2024 provide some optimism, risks such as inflation, China's economic slowdown, and a stronger US dollar could temper growth.

The stock market could move in either direction during the first trading week of 2025, according to analysts. This depends on how investors perceive the year ahead. The benchmark Philippine Stock Exchange index (PSEi) gained 1.2% year-on-year, despite dipping on December 27, the last trading day of 2024. It ended at 6,528.79, up 78.75 points from the previous year's 6,450.04. Philippine financial markets, closed from December 30 to January due to holidays, reopened today.

Rizal Commercial Banking Corp. chief economist Michael Ricafort attributed the gains at the end of last year to signals from Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. that another rate cut could be ordered during the first policy meeting of 2025. He stated that monetary policy is still somewhat restrictive due to concerns about inflation rising again. Therefore, investors are comfortable with gradual easing/rate cuts. Online brokerage firm 2TradeAsia.com, however, warned that challenges could limit broad-based rallies this year. Potential risks include inflationary pressure from policies implemented by US President-elect Donald Trump, a weaker China, a stronger US dollar, and more hawkish central banks. 2TradeAsia noted that consensus expectations for rate cuts have weakened in recent weeks. Investors are advised to prepare for a slowdown as pessimism is reflected in security prices. Local decision-makers may remain hesitant until the political and economic situation clarifies after the crucial midterm elections in May. As a result, 2TradeAsia suggests that a bottoms-up investment approach could be more effective than a top-down approach.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 2. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Philippine Stock Market Slumps for Seventh Straight Day as US Fed Signals Fewer Rate CutsThe Philippine stock market continued its downward trend for the seventh consecutive day, following a hawkish rate cut by the US Federal Reserve and projections for fewer rate adjustments in 2025. The Philippine Stock Exchange index closed at 6,395.60, down 1.14 percent, while the all-shares index lost 0.76 percent. The Fed's 'dot plot' suggested only two rate cuts next year, down from the previously expected four, causing investors to react negatively.
출처: MlaStandard - 🏆 20. / 55 더 많은 것을 읽으십시오 »

Philippine Peso Gains Ground in Last Trading Day of 2024, Stock Market Up Despite DipThe Philippine peso strengthened slightly on the final trading day of 2024, but still ended the year weaker than the previous year. The stock market, however, gained year-on-year despite a slight decline on Friday. Financial markets will be closed from December 30 to January 1 for national holidays, with trading resuming on January 2.
출처: TheManilaTimes - 🏆 2. / 92 더 많은 것을 읽으십시오 »