Stock market rallies post-Eleksyon 2025

The Philippine stock market rallied following the 2025 national and local elections on the back of post-polls optimism and improved sentiment due to easing of US-China trade tensions.

The Philippine Stock Exchange index (PSEi), the local bourse barometer, resumed the shortened trading week on a strong note, gaining 1.68% or 108.62 points to 6,566.82 at the closing bell.

The broader All Shares index, likewise, rose by 1.13% or 42.48 points ending the trading day at 3,805.33.

“The generally peaceful midterm elections, with some positive surprises especially in the Senate vote, partly led to increased market confidence, mixed with the latest significant easing of US and China tariffs for each other…,” Rizal Commercial Banking Corp. chief economist Michael Ricafort said.

Ricafort said the PSEi also hit a new four-month high since January 6, 2025 and “already erasing all the losses since [US President Donald] Trump’s inauguration on January 20, 2025.”

Regina Capital managing director and head of sales Luis Limlingan, likewise, said the local stock market was “lifted by a broad rally in US equities on Monday after a temporary US-China tariff reduction deal eased trade tensions.”

Limlingan said the positive sentiment spilled over into Asian markets,such as the Philippines, and “was further supported by the peaceful conduct of Monday’s midterm elections.”

Sectoral indices also closed in the green with Financials, Industrial, Holdings Firms, Services, and Property up by 1.35%, 1.37%, 1.96%, 2.47%, and 0.31, respectively.

Only the Mining and Oil index closed in the red, down by 1.34%.

More than 1.155 billion shares, valued at P8.886 billion, changed hands.

Advancers led decliners, 96 to 83, while 58 shares were unchanged. — RSJ, GMA Integrated News