PHILIPPINE shares are likely to trade above the 7,000 territory on the PSEi given the positive sentiment infused by the Federal Reserve decision not to implement an interest rate liftoff.

Jason Escartin, investment analyst at F. Yap Securities Inc., said the optimism is likely to influence investors and give way to more buyers in the market.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details