Philippines' bourse ponders future

The PSE is under pressure to justify its market-darling reputation by implementing reforms to realise its potential and become a world-class exchange.

Philippines' bourse ponders future

Trading at a forward price-earnings ratio of 20 times, the Philippine Stock Exchange is one of the most expensive equity markets in the Asia-Pacific region.

Last year the PSE Index jumped 23%, placing it among the world’s 10 best-performing markets. Average daily trading volumes are running at P11 billion $248 million, twice as much as they were four years ago.

Last year’s performance extends a six-year rally in which the country’s...

To continue reading, please login or register for free

Click for more on: markets | philippines | ipo | reit | fig

Print Edition

FinanceAsia Print Edition

CONFERENCES

  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...