INSIGHTS
The Week Ahead (4/22/24). The full trading week saw defensiveness rise amid elevated global yields. Average benchmark yields rose for the fourth straight week in the face of escalating geopolitical conflict in the Middle East and ensuing dollar strength. Markets further priced-in a June Fed pause and reduced expectations of multiple 2024 rate cuts. Hawkish policymaker rhetoric kept risk-taking on the back burner. …
MARKET INFORMATION
April 23, 2024
PSEi
6,506.80 (+62.72 pts.)
Value Turnover
PHP4.21 B
Government Securities
PHP BVAL (+3.99 bps)
Trading Volume
PHP9.951 B
Foreign Exchange
Open: USD/PHP57.50
Close: USD/PHP57.51
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