Philstar
Rate cuts boost PSEi
The Philippine Stock Exchange Index (PSEi) gained momentum, closing 0.5 percent higher at 5,990.00 points on Thursday.
This rise was attributed to the recent interest rate cuts implemented by both the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP).
The market sentiment improved as investors viewed these rate cuts as a positive development for economic growth and liquidity.
Financials emerged as the top-performing sector, while only property and mining stocks experienced declines.
Trading activity was robust, with a net value turnover of P6.64 billion.
The BSP's decision to approve a quarter-point rate cut was anticipated, given the slower economic growth observed in the third quarter.
Topics in this story
Explore more stories about these topics.
🤖
This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.
News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
The Philippine Stock Exchange index (PSEi) closed at a two-week low on Wednesday, dropping by 1.47% to 5,905.84 points.
Read more →
The Philippine Stock Exchange index (PSEi) reversed its decline, rising by 1.05 percent to close at 5,949.22, on positive investor sentiment following the release of better-than-expected November inflation data.
Read more →
Philippine stocks saw a slight increase on Tuesday, with the PSEi closing marginally higher as the market awaited key economic data releases.
Read more →
The Philippine peso closed at P58.99:$1 on Thursday, December 11, 2025, regaining ground from its near-record low.
Read more →