THE GIST
NEWS AND FEATURES
Global Philippines Fine Living
INSIGHTS
INVESTMENT STRATEGY
Economy Stocks Bonds Currencies
THE BASICS
Investment Tips Explainers Retirement
WEBINARS
2024 Mid-Year Economi Briefing, economic growth in the Philippines
2024 Mid-Year Economic Briefing: Navigating the Easing Cycle
June 21, 2024
Investing with Love
Investing with Love: A Mother’s Guide to Putting Money to Work
May 15, 2024
retirement-ss-3
Investor Series: An Introduction to Estate Planning
September 1, 2023
View All Webinars
DOWNLOADS
economy-ss-8
Inflation Update: Weak demand softens shocks
DOWNLOAD
948 x 535 px AdobeStock_433552847
Economic Updates
Monthly Economic Update: Fed cuts incoming   
DOWNLOAD
equities-3may23-2
Consensus Pricing
Consensus Pricing – June 2025
DOWNLOAD
View all Reports
Metrobank.com.ph How To Sign Up
Follow us on our platforms.

How may we help you?

TOP SEARCHES
  • Where to put my investments
  • Reports about the pandemic and economy
  • Metrobank
  • Webinars
  • Economy
TRENDING ARTICLES
  • Investing for Beginners: Following your PATH
  • On government debt thresholds: How much is too much?
  • Philippines Stock Market Outlook for 2022
  • No Relief from Deficit Spending Yet

Login

Access Exclusive Content
Login to Wealth Manager
Visit us at metrobank.com.ph How To Sign Up
Access Exclusive Content Login to Wealth Manager
Search
THE GIST
NEWS AND FEATURES
Global Philippines Fine Living
INSIGHTS
INVESTMENT STRATEGY
Economy Stocks Bonds Currencies
THE BASICS
Investment Tips Explainers Retirement
WEBINARS
2024 Mid-Year Economi Briefing, economic growth in the Philippines
2024 Mid-Year Economic Briefing: Navigating the Easing Cycle
June 21, 2024
Investing with Love
Investing with Love: A Mother’s Guide to Putting Money to Work
May 15, 2024
retirement-ss-3
Investor Series: An Introduction to Estate Planning
September 1, 2023
View All Webinars
DOWNLOADS
economy-ss-8
Inflation Update: Weak demand softens shocks
July 4, 2025 DOWNLOAD
948 x 535 px AdobeStock_433552847
Economic Updates
Monthly Economic Update: Fed cuts incoming   
June 30, 2025 DOWNLOAD
equities-3may23-2
Consensus Pricing
Consensus Pricing – June 2025
June 25, 2025 DOWNLOAD
View all Reports
BusinessWorld 3 MIN READ

PSE index surges to 6,500 level on positive data

July 10, 2025By BusinessWorld
Related Articles
Gross borrowings drop 31% in April May 27, 2024 Electronics industry targets 5% increase in exports next year October 25, 2024 AMRO trims PHL growth forecasts July 17, 2024

Stocks rallied for the third straight day on Wednesday, with the bellwether index climbing to the 6,500 level for the first time in nearly two months, as strong data improved sentiment towards the Philippine economy.

The benchmark Philippine Stock Exchange index (PSEi) surged by 1.1% or 70.74 points to close at 6,504.34, while the broader all shares index rose by 0.88% or 33.45 points to 3,817.62.

This was the PSEi’s best finish in nearly two months or since its 6,551.81 close on May 14.

“The market continued to rally backed by investors’ confidence towards the local economy,” Philstocks Financial Inc. Research Manager Japhet Louis O. Tantiangco said in a Viber message. “This comes following the recently released economic figures, which were deemed healthy, including the labor force survey, monthly integrated survey of selected industries, and bank lending data for the month of May.”

“The PSEi gained for the third straight trading day… after US President Donald J. Trump signaled openness to trade negotiations, with possible compromise in terms of much lower tariff rates, as seen in recent months,” Rizal Commercial Banking Corp. Chief Economist Michael L. Ricafort said in a Viber message.

He said the Philippines is “relatively insulated” from the threat of higher US import tariffs given its lower dependence on goods exports. Mr. Ricafort added that the strong data released recently affirm the country’s resilience.

Stock markets around the Asia-Pacific were mixed as investors digested Mr. Trump’s latest, shifting trade salvos, Reuters reported. Japan and South Korea are among major US trading partners in the region facing an Aug. 1 deadline to reach a trade deal or be subjected to new tariff rates, although Mr. Trump has sent mixed signals on how flexible that date is.

Only two US agreements, with Britain and Vietnam, have been reached since Mr. Trump’s April 2 “Liberation Day” reciprocal tariffs announcement roiled markets.

Majority of sectoral indices closed in the green on Wednesday. Services went up by 2.51% or 53.66 points to 2,183.89; property climbed by 2.37% or 57.61 points to 2,480.25; industrials rose by 1.08% or 98.59 points to 9,215.54; and holding firms increased by 0.93% or 52.64 points to 5,691.54.

Meanwhile, financials dropped by 0.77% or 17.44 points to 2,248.54; and mining and oil slipped by 0.05% or 4.92 points to 9,194.78.

“Bloomberry Resorts Corp. was the day’s top index gainer, jumping 5.78% to P4.76. China Banking Corp. was the worst index performer, dropping 2.32% to PHP 65.40,” Mr. Tantiangco said.

Value turnover rose to PHP 7.79 billion on Wednesday with 1.41 billion shares traded from the PHP 6.96 billion with 1.06 billion issues exchanged on Tuesday.

Advancers bested decliners, 110 versus 90, while 50 names were unchanged.

Net foreign selling increased to PHP 220.66 million on Wednesday from PHP 168.05 million on Tuesday. — Revin Mikhael D. Ochave with Reuters

This article originally appeared on bworldonline.com

Read More Articles About:
Worldwide News Philippine News Rates & Bonds Equities Economy Investment Tips Fine Living

You are leaving Metrobank Wealth Insights

Please be aware that the external site policies may differ from our website Terms And Conditions and Privacy Policy. The next site will be opened in a new browser window or tab.

Cancel Proceed
Get in Touch

For inquiries, please call our Metrobank Contact Center at (02) 88-700-700 (domestic toll-free 1-800-1888-5775) or send an e-mail to customercare@metrobank.com.ph

Metrobank is regulated by the Bangko Sentral ng Pilipinas
Website: https://www.bsp.gov.ph

Quick Links
The Gist Webinars Wealth Manager Explainers
Markets
Currencies Rates & Bonds Equities Economy
Wealth
Investment Tips Fine Living Retirement
Portfolio Picks
Bonds Stocks
Others
Contact Us Privacy Statement Terms of Use
© 2025 Metrobank. All rights reserved.

Access this content:

If you are an existing investor, log in first to your Metrobank Wealth Manager account. ​

If you wish to start your wealth journey with us, click the “How To Sign Up” button. ​

Login HOW TO SIGN UP