Inquirer
PSEi starts 2026 past 6,100 mark
The Philippine Stock Exchange Index (PSEi) began 2026 with a significant increase, surpassing the 6,100 level for the first time in three months.
The PSEi closed at 6,135.06, marking a 1.36% or 82.14-point gain during the first trading session of the year.
Most major sectors experienced gains, with the mining sector showing the most substantial growth at 3.07%, while the services sector was the only one to end in the red.
This surge marks the PSEi's highest closing point since September 22, 2025.
Analysts attributed the positive market performance to improved investor sentiment, particularly influenced by favorable Purchasing Managers' Index (PMI) figures for December.
The country's PMI rose to 50.2 in December, signaling a positive outlook for economic growth and boosting investor confidence.
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