The Philippine Stock Exchange index (PSEi) rose on Monday, Oct. 13, after investors picked up bargains as treasury yields dropped while the peso firmed up.

The main index added 14.54 points, or 0.24 percent, to close at 6,052.33 on the strength of the services and mining sectors, as most of the indices were in the red.

Volume was weaker at 1.96 billion shares worth ₱4.92 billion, as losers outnumbered gainers—121 to 76, with 52 unchanged.

“The PSEi opened the week in positive territory despite persistent trade uncertainties between the United States (US) and China that weighed on global markets,” said Regina Capital Development Corp. managing director Luis Limlingan.

He added that, “The index’s resilience was likely driven by bargain hunting, while investor sentiment was further lifted by the appreciation of the Philippine peso against the US dollar.”

Philstocks Financial Inc. research manager Japhet Tantiangco said, “The local market rose as investors hunted for bargains following last week’s decline. The fall in the long-term local treasury yields also helped in Monday’s session.”

Foreign investors also provided support, with net inflows amounting to ₱109.28 million despite anemic trading.

Rizal Commercial Banking Corp. (RCBC) chief economist Michael Ricafort said, “The PSEi corrected slightly higher amid some bargain-hunting after declining for two straight trading days after clarification on the much lower net decline in the market capitalization in the local stock market due to the recent political noises.”

He also pointed to “the latest decline in the treasury bill average auction yields after the surprise 25-basis-point (bp) BSP [Bangko Sentral ng Pilipinas] rate cut on Oct. 9, 2025, that could reduce borrowing costs.”