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A recent report by First Metro Securities Brokerage and Singapore’s DBS Bank increased its year-end 2023 “base case” for the PSEi to 6,850, with a further upside target of 7,400 as relatively inexpensive market valuations “are becoming hard to ignore”.
Source: https://business.inquirer.net/415656/experts-predict-reversal-of-stock-market-downtrend