Investment Ideas: January 7, 2025

Here is our report for today, January 7, 2025, with some insights into various investment opportunities.

Here are some key highlights:

• Bond Market Overview: In the dollar-denominated space, yields range from 5.127% to 5.624% for bonds maturing between 2028 and 2030, with the Middle Eastern sovereign bond offering the highest yield. The peso-denominated bonds show slightly higher yields, ranging from 5.985% to 6.130% for maturities between 2025 and 2031, with longer-dated securities providing better returns.
• Stock Recommendations: Our equity analysis covers three major Philippine companies with varying outlooks. We maintain an OVERWEIGHT position on a leading Philippine bank poised to benefit from regulatory changes and the high interest rate environment. We hold a NEUTRAL stance on a majo