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PSEi seen hitting 8,000 level in 2025

INDEPENDENT financial services provider Unicapital Group expects the benchmark Philippine Stock Exchange index (PSEi) to return to 8,000 territory next year, from an end-2024 estimate of 7,000, with further policy rate easing and improved consumer spending boosting investor sentiment.

'We have a bottom-up index target of 8,000 for the PSEi, which implies a 14-percent gain from the estimated 7,000 level by end-2024,' Unicapital said in a report.