NOW OFFERING

ABOITIZ EQUITY VENTURES, INC.’S
FIXED RATE BONDS DUE 2026 AND 2029

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. …

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MARKET INFORMATION

November 24, 2022

PSEi

6,530. 51 (+20.19 pts.)

Value Turnover

PHP 5.51B

Government Securities

PHP BVAL (-4.90 bps)

Trading Volume

PHP 15.209B

Foreign Exchange

Open: USD/PHP 56.88
Close: USD/PHP 56.78

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