driver

the psei has a minimum upside of 3,150 and what will bring it there? of course higher share prices and for that to happen.... better earnings for companies and stable political environment. well for now the opposition has kept quiet and companies have been reporting higher earnings. so far everything looks good :) but for the psei to go higher it needs the big caps like smph, mbt, bpi, glo and especially tel to push it up. for the psei to go beyond 3,000 by my rough estimate tel should hit 2,700-2,900. that is attainable bacause the pe ratio of tel is around 9-10 right now. lets just be patient and in due time we will get there :) good luck