Investment Ideas: September 20, 2024 

Here is our report for today, September 20, 2024, with some insights into various investment opportunities.

Here are some key highlights:

• Bond Market Overview: Both dollar-denominated and peso-denominated bonds are offering attractive yields, with options ranging from 4.2% to 6.1% across various maturities. Notable offerings include bonds from a Korean automotive finance company and an Indonesian aluminum producer in the dollar market, and retail treasury bonds in the peso market.
• Stock Recommendations: We are overweight on a leading property developer, anticipating benefits from an expected residential segment recovery and historical outperformance during easing monetary cycles. We maintain a neutral stance on a major Philippine conglomerate, noting its recent price recovery driven by st