Business > Top Business
Capital raising at PSE seen hitting P88.54B

CAPITAL raising activities at the Philippine Stock Exchange (PSE) will likely end 2024 well below last year's level but the bourse is optimistic of a turnaround given planned product offerings and a shift in investor sentiment.

Ramon Monzon, PSE president and CEO, told a Manila Times forum on Tuesday that an estimated P88.54 billion was expected to be raised this year, down from the P140.95 billion recorded in 2023.

Ramon Monzon, Philippine Stock Exchange president. PHOTO BY J. GERARD SEGUIA

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