Capital raising at PSE seen hitting P88.54B

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CAPITAL raising activities at the Philippine Stock Exchange (PSE) will likely end 2024 well below last year’s level but the bourse is optimistic of a turnaround given planned product offerings and a shift in investor sentiment.

Ramon Monzon, PSE president and CEO, told a Manila Times forum on Tuesday that an estimated P88.54 billion was expected to be raised this year, down from the P140.95 billion recorded in 2023.

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