PSE index up 0.13%, reversing three-day decline

The Philippine Stock Exchange index rose by 0.13 percent, closing at 6,147.44 points on Friday, reversing the previous three-day decline.

Positive cues from bargain hunting and foreign investor inflows contributed to the market's improvement after a week of negative performance.

Philstocks Financial research manager noted that last-minute bargain hunting boosted the local market, with foreign investors entering the market with net inflows of P70.34 million.

The broader All Shares index increased by 0.13 percent, with property leading gains at 0.95 percent and financials declining the most at 0.27 percent.

Despite the overall positive trend, net value turnover was lower than the year-to-date average, reflecting cautious investor sentiment amid global trade uncertainties.

Investors remain wary of potential tariff measures from the US under President Trump's administration, which could impact global trade and economic stability.