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.
Investors welcomed the inflation figures, viewing them as a significant factor for the Bangko Sentral ng Pilipinas' (BSP) upcoming monetary policy decision.
The slower-than-expected inflation in November supports expectations for a potential 25-basis-point rate cut by the BSP Monetary Board.
Sectoral performance was mixed, with services experiencing a notable surge while holding firms saw a decline.
The total turnover value decreased to P5.8 billion compared to the previous day's P6.54 billion.
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.




