INSIGHTS
With the fast GDP growth in Q3-2022 and employment at record levels in August and September, we expect full year GDP expansion at 7.4%, well within the government’s revised 6.5% to 7.5% target. Official lending agencies like IMF and ADB have lowered projections of GDP growth in 2023 due to high inflation. We, however, disagree that a significant slowdown will occur next year. …
MARKET INFORMATION
November 29, 2022
PSEi
6,780.78 (+99.31 pts.)
Value Turnover
PHP 22.79B
Government Securities
PHP BVAL (-1.36 bps)
Trading Volume
PHP 14.900B
Foreign Exchange
Open: USD/PHP 56.70
Close: USD/PHP 56.56
First Metro Save &
Learn Mutual Funds
First Metro Philippines Equity
Exchange-Traded Fund
First Metro Consumer Fund