THE Philippine Stock Exchange (PSE) needs bigger companies to list publicly to increase value turnover and attract more investors, according to Unicapital Group.
THE Philippine Stock Exchange needs bigger companies to list publicly to increase value turnover and attract more investors, according to Unicapital Group.'We need to have a bigger, more number of companies right now listing in the market,' Unicapital President and Chief Executive Officer Jaime Martirez said in a media briefing on Wednesday.
''We have already been getting a lot of feelings from companies wanting to list, and it's just a matter of time before that happens,' he said.Unicapital Managing Director Ben Thomas Pañares, for his part, added that during the pandemic, the local bourse had a high value turnover because of retail investors.Pañares said it was higher because investors have nothing to do but sit in their homes and invest in the stock market.'Our volumes went up.
Listings Needed To Attract PSE Investors
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