GCash IPO seen to reenergize local stock market

MANILA, Philippines — The initial public offering (IPO) of GCash parent Mynt Inc. could renew interest in Philippine stocks and bring more retail investors into the market, according to Unicapital Securities Inc. The brokerage said Mynt’s scale and access to GCash’s digital ecosystem could encourage wider participation in equities. READ: GCash IPO attracts over 20