Markets
BSP rate call, GCash IPO set tone for volatile market
Philippine stocks enter Monday caught between the promise of fresh market enthusiasm and mounting economic headwinds, as Mynt’s anticipated listing competes with a looming...
Stocks face cautious trading as inflation, rate risks mount
Philippine equities are likely to remain volatile this week as accelerating inflation, peso weakness and mounting expectations of monetary tightening weigh on sentiment, tempering optimism over corporate earnings and potential new stock market listings.
Forensic accounting connects the dots
Forensic accounting is where spreadsheets lose their innocence, receipts acquire personalities, and money is asked to explain where it has been hiding.
GCash shares start as few as 100 shares or only P660 for retail investors
Mynt Inc., GCash’s operator, lets the public buy shares for as low as 100 shares — just P660 at P6.60 apiece — far lower than the usual 1,000-share minimum for small investors.
Depressed valuations could drive Philippine stocks higher
Philippine equities may be approaching a potential re-rating as depressed valuations increasingly reflect concerns over elevated borrowing costs, peso weakness and a fragile domestic macroeconomic backdrop. With the broader market trading at roughly eight times earnings, valuations suggest investors are pricing in substantial pessimism, creating room for upside if economic conditions stabilize and confidence improves.
