FIRST METRO IS FINANCEASIA’S 2023 BEST INVESTMENT BANK & BEST ECM HOUSE IN THE PHILIPPINES

INSIGHTS

The Week Ahead (10/02/23). The local market remains cautious given the BSP governor’s hawkish rhetoric on a potential off-cycle rate hike ahead of the November 16 meeting and that an immediate RRR cut was not on the horizon. Consequently, secondary market yields across the curve have resumed their upward trend. Market was also preoccupied with the BTr’s latest Retail Dollar Bond offering, a 5.5Y paper priced at a coupon of 5.75%, which raised an initial $611.20M…

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MARKET INFORMATION

October 2, 2023

PSEi

6,304.53 (-80.99 pts.)

Value Turnover

PHP3.64 B

Government Securities

PHP BVAL (-0.13 bps)

Trading Volume

PHP4.042 B

Foreign Exchange

Open: USD/PHP56.700

Close: USD/PHP56.5775

LATEST MARKET
NEWS & UPDATES

EVENTS &
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CAPITAL MARKET
DEALS

First Metro Investment Corporation

Debt Capital Markets

Equity Capital Markets

Corporate & Finance Advisory

Government Securities

Primary Issuances

Corporate Debt

Online Stock Trading

FirstMetroSec PRO

FundsMart

First Metro Save &
Learn Mutual Funds

First Metro Philippines Equity
Exchange-Traded Fund

First Metro Consumer Fund