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Philippine Stocks Surge After FATF Gray List Exit

2/23/2025

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Summary

Story summary

Philippine stocks are poised for growth following the removal from the FATF's "gray list."
The central bank's reserve requirement cut, effective March 28, is expected to boost liquidity.
The PSEi closed at 6,098.04, reflecting a 0.62% weekly increase but a 6.60% year-to-date decline.
Analysts predict improved market sentiment amid ongoing global uncertainties.

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Story summary

Philippine stocks are poised for growth following the removal from the FATF's "gray list."
The central bank's reserve requirement cut, effective March 28, is expected to boost liquidity.
The PSEi closed at 6,098.04, reflecting a 0.62% weekly increase but a 6.60% year-to-date decline.
Analysts predict improved market sentiment amid ongoing global uncertainties.