PSEi climbs past 6,000 as budget surplus, peso buoy sentiment
The Philippine Stock Exchange Index (PSEi) resumed its upward climb on Wednesday, Nov. 26, after a brief pause yesterday, boosted by a firmer peso and the government’s announcement of a budget surplus.
The main index gained 28.53 points, or 0.48 percent, to close at 6,004.70. Property and Banks led the advance, while Conglomerates declined.
Trading volume rose to 1.19 billion shares valued at ₱12.25 billion. Gainers and losers were matched at 89 each, with 66 stocks unchanged.
“The local bourse closed higher after yesterday’s pullback as bargain hunting picked up,” said Luis Limlingan, Managing Director at Regina Capital Development Corporation. He noted that the Philippine peso “also held its ground against the greenback, helping support overall sentiment.”
Japhet Tantiangco, Research Manager at Philstocks Financial, pointed to “rate cut hopes for the Bangko Sentral ng Pilipinas and the Federal Reserve in their December meeting” as a main driver of the positive sentiment.
The PSEi's return above the 6,000 mark was also attributed to the latest national government budget data.
Rizal Commercial Banking Corp. Chief Economist Michael Ricafort highlighted the ₱11.1 billion budget surplus recorded in October 2025—the highest in six months—marking a significant turnaround from the ₱248.08 billion deficit posted in September 2025.