The PSEi surged as the stronger Peso and rise in foreign investments fueled today’s rally.
The main index jumped by 125.44 points or 1.98 percent to close at 6,474.60 with the Services sector leading the charge across the board.
Volume was weak though at 754 million shares worth P6.86 billion as gainers outnumbered losers 110 to 90 with 63 unchanged.
“The PSEi ended sharply higher, rebounding from yesterday’s decline as buying interest returned to the market,” said Regina Capital Development Corporation Managing Director Luis Limlingan.
He added that, “Sentiment was supported by the peso holding firm against the US dollar, which encouraged renewed foreign inflows during today’s session. Gains were broad-based as investors took advantage of lower prices amid improving currency stability.”
Philstocks Financial Research Manager Japhet Tantiangco “The local market rose on the back of the local currency’s appreciation. The positive cues from Wall Street also helped in Tuesday’s climb.”
Rizal Commercial Banking Corporation Chief Economist Michael Ricafort said the PSEi gained for the 3rd day in 4 trading days after the stronger local foreign direct investments data at $897 million in November 2025, the highest in four months or since July 2025.
“The PSEi also gained after the latest net foreign buying of $17.3 million versus the previous trading day’s $0.4 million,” he added.