COL Financial, the leading online stock broker in the Philippines, is bullish about the prospects of the local equities market and sees the Philippine Stock Exchange rising to 7,500 to 8,250 once it sets a strong base after a much-needed correction.
“PSEi punched over its downtrend line, 200-day E
The benchmark Philippine Stock Exchange index (PSEi) may rise by about 20 percent to 8,400 points at the end of this year, from the current 7,300-point level, as the country's pandemic situation is improving. COL Financial Inc. Chief Equity Strategist April Lynn Tan said investors’ cautious views have already been…