Analyst: PSEi to consolidate between 7,000-7,500 in H1 2021 | ANC

Описание: Market Edge: Trading Edge’s Ron Acoba expects the Philippine market to continue consolidating near major resistance of 7,300 and 7,500. Fundamentally, the local bourse is trading at 21x P/E versus 19x of Asian peers. Meanwhile, Acoba is ‘intrigued’ by a stock, which is already trading at 22-year highs, but still poised for a 30-50% gain over the next 6 months.

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