Investment Ideas: September 12, 2024

Today, September 12, 2024, we offer some insights you can consider in your portfolio.

Here are some key highlights:

• Bond Market Overview: We’re seeing promising yields in both dollar and peso-denominated bonds. Notable offerings include a Korean power company bond maturing in 2028 with a 4.128% yield, and a peso-denominated retail treasury bond maturing in 2029 offering a 6.030% yield.
• 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, particularly the peso’s recent appreciation following the Federal Reserve’s dovish stance.
• UITF Spotlight: The Metr