Investment Ideas: January 22, 2025 

Here is our report for today, January 22, 2025, with some insights into various investment opportunities.

Here are some key highlights:

• Bond Market Overview: Dollar-denominated bonds from sovereign and corporate issuers are showing competitive yields, with a Middle Eastern sovereign bond offering 5.487% for a 2028 maturity, while Philippine sovereign bonds are yielding 4.990% for 2030 maturity. In the peso space, government securities offer yields ranging from 5.680% to 6.230% across various maturities from 2025 to 2031.
• Stock Recommendations: We highlight three key players: an electric utility company rated OVERWEIGHT (4.1% of PSEi) due to its attractive dividend yield and defensive characteristics; a diversified power company rated NEUTRAL (2.5% of PSEi) with significant utility exposur