PSE sees P200-B capital funds target ‘achievable’

The Philippine Stock Exchange (PSE) is “hopeful” it will meet its target of raising P200-billion in capital funds in 2014, although it has only achieved about 60 percent of that goal as it entered the last quarter of the year.

Hans Sicat, president and chief executive officer of the PSE told reporters on the sidelines of The Asset Forum late Thursday that the local bourse is keeping its P200-billion capital fund raising target despite raising only about P128 billion as of end-September.