September 6, 2025 | 12:00am
MANILA, Philippines — The native inventory market ended the week on a two-day win streak, as traders have been on their toes shopping for cheaper shares with inflation settling throughout the authorities’s expectation.
The benchmark Philippine Inventory Change index (PSEi) yesterday rose by 0.69 p.c or 42.21 factors to settle at 6,149.13, closing the week on a two-day run.
The broader All Shares index additionally picked up by 0.4 p.c or 14.79 factors to land at 3,692.71.
Regina Capital Growth Corp. head of gross sales Luis Limlingan stated traders went on a shopping for spree to make the most of cheaper share costs.
Buyers additionally discovered the inflation print manageable, because it fell throughout the goal forecast of the Bangko Sentral ng Pilipinas at one to 1.8 p.c for August.
The market ended on inexperienced for 2 straight days, supported by sustained shopping for strain and as traders proceed to make the most of comparatively engaging costs, Limlingan stated.
Inflation accelerated to 1.5 p.c in August, as reported by the Philippine Statistics Authority, from 0.9 p.c in July.
This pushed up the yearly common at 1.7 p.c, nicely throughout the central financial institution’s two to 4 p.c goal for 2025.
The most recent inflation report additionally appears like acquired positively, coming in inside goal vary and boosting sentiment, Limlingan stated.
The market recorded a price turnover of P5.97 billion, with losers edging out the winners, 102 to 95, whereas 60 points have been unchanged.
Logistics large ICTSI was probably the most actively traded inventory yesterday, climbing by 2.69 p.c to P487.80 per piece.
