Investors look forward to Century Pacific IPO
- 5 years ago
The stock market is expected to see lower trading volume this week as investors lock in gains ahead of the Lenten break. DA Securities analyst Nisha Alicer says another reason for this is the Century Pacific Food Inc. IPO slated next month. Alicer says investors will be looking to raise funds for the tuna canning firm's debut on the trading floor on May 6. She adds DA Securities is bullish on the stock market this year despite expectations that the Bangko Sentral will soon raise interest rates. ANC Dateline Philippines, April 14, 2014