Bargain hunting lifts PSEi to 6,366

PSE profits surge 20% as lower taxes boost trading activity

The Philippine Stock Exchange (PSE) reported a 19.8 percent growth in net income to ₱608.38 million for the first half of 2026 from ₱508.03 million in the same period last year as trading activity picked up following a major reduction in transaction tax.In a statement, the bourse said operating revenues grew 9.4 percent to ₱1.44 billion from ₱1.31 billion, driven by higher trading and clearing revenues as well as depository securities account fe…

Bargain hunting lifts PSEi to 6,366

MANILA, Philippines — Philippine stocks extended gains for a second day on Wednesday as bargain hunting and earnings lifted investors’ sentiment. The benchmark Philippine Stock Exchange Index (PSEi) rose 0.63 percent, or 39.75 points, to close at 6,366.64. READ: RCR H1 profit jumps 44% to P4.95B Philstocks Financial Inc. research manager Japhet Tantiangco attributed the market’s

PSE Index Hexed by Ghost Month

The Philippine Stock Exchange (PSE) index tumbled on Thursday, weighed down by the traditional Ghost Month phenomenon and economic concerns, closing 78.39 points, or 1.23%, lower at 6,288.25 points.