Investment Ideas: September 11, 2024 

Today, September 11, 2024, we offer some insights you can consider in your portfolio.

Here are some key highlights:

• Bond Market Overview: The bond market offers attractive yields for both dollar and peso-denominated securities. Notable options include bonds from a Korean power company and a major international bank, with yields ranging from 4.145% to 4.617% for dollar bonds. Peso-denominated government securities present yields between 6.025% and 6.200%, catering to various investment horizons.
• Stock Recommendations: Our stock analysis focuses on three major Philippine conglomerates, with recommendations ranging from underweight to overweight. Factors influencing these assessments include industry-specific challenges, dividend policies, and potential benefits from currency movements, part