Philippine stock market ends 2024 slightly up, fueled by hopes of lower interest rates and bargain hunting.

The Philippine stock market ended 2024 on a slight rise, with shares boosted by hopes for a future interest rate cut by the central bank and bargain hunting. The peso also strengthened. Despite a challenging year, market analysts are cautiously optimistic about 2025, though risks remain. The PSE is expected to see less capital raising in 2024 compared to the previous year, with a focus on sustainability-linked financing.