Investors hoping SONA rouses equities from benumbed state

President Marcos' first State of the Nation Address (Sona) might deliver a needed jolt to the local stock market after trading activity receded in the past week. The benchmark Philippine Stock Exchange index (PSEi) recorded a weekly gain of more than 1 percent to 6,263.39 even as trading interest continued to ebb away. PSE data showed the average daily turnover for the week dropped to P4.5 billion from the previous period's P4.9 billion. Investors searching for new catalysts might look toward the Sona for clues on how the administration would address rising consumer prices that are threatening growth targets. "Anything to address inflation, and boost economy would be key in t...

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