August 14, 2025 | 12:00am
MANILA, Philippines — The native inventory market climbed for a second straight session, with investor sentiment buoyed by the slew of constructive company earnings outcomes.
The benchmark Philippine Inventory Change index gained by 0.56 % or 35.24 factors to shut at 6,325.09 yesterday.
The broader All Shares index additionally completed within the win column, advancing by 0.36 % or 13.37 factors to three,764.64.
“PSEi closed greater as buyers’ confidence was renewed after the index’s sturdy efficiency yesterday and the inflow of extra company earnings studies.” Luis Limlingan of Regina Capital mentioned.
US information confirmed a tamer-than-feared influence on costs from President Donald Trump’s tariff blitz, boosting hopes amongst some buyers that the US Federal Reserve and its embattled chief Jerome Powell will lower rates of interest subsequent month.
“Sentiment was additionally lifted by the regular US inflation report, which might affect the Fed’s financial coverage and total investor sentiment within the nation,” Limlingan mentioned.
Buying and selling remained sturdy, whilst whole turnover worth declined to P10.61 billion from the day prior to this’s P13.73 billion.
Most counters have been within the inexperienced, led by holding companies, which jumped by 1.48 %.
Providers, in the meantime, misplaced essentially the most, dropping by 0.92 %.
Market breadth remained constructive as advancers edged out decliners, 103 to 91, whereas 58 points have been unchanged.
BPI was the session’s most actively traded inventory, advancing by 0.43 % to P118 per share, adopted by ICTSI and DigiPlus which fell by 0.81 % and three.23 %, respectively, to P490 and P30.
