PSEi sees a bright future for local equities for 2018

Marianne M. Ilumba | January 9, 2018

The prominent institutional investment magazine Alpha Southeast Asia bestowed The Philippine Stock Exchange as the "Best Stock Exchange" in Southeast Asia for the 2017 for the fourth time in a row.

“The Philippine Stock Exchange stands apart given its continuing investments in its internal systems to facilitate the upside potential the country now represents after years in the shadows of its neighbors,” the sect noted.

The appropriation for this award will be held in Kuala Lumpur, Malaysia of the Alpha Southeast Asia Deal Awards' Marquee Awards on February 13.

Some of the factors taken into consideration were the various product launches, initiatives for literacy in monetary and investment education, and development of technology which became the defining aspect where PSE led in 2017.

"Our accomplishments in 2017 would not have been possible without the hard work of the PSE team and the support of our regulators and various stakeholders. We will continue to do our best to fulfill our vision of becoming a world-class exchange,” said PSE president and chief executive officer Ramon Monzon.

The local equities this year for PSEi is forecasted to be booming which will widen the participant pool as seen by analysts.