LOW interest rates and falling oil prices will boost stocks this year and brokers are now more bullish that the Philippine Stock Exchange index (PSEi) will continue its uptrend, possibly touching 8,500 points by yearend.
Brokers now forecast the PSEi to range between 7,700 points and 8,500 points by yearend, up from their December forecast of 7,500 to 7,800 points.
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