PSEi kicks off week on solid footing

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Richmond Mercurio - The Philippine Star

January 6, 2026 | 12:00am

The benchmark Philippine Stock Exchange index jumped by 0.48 percent or 29.47 points to close yesterday’s session at 6,164.53.

Pixabay / File

MANILA, Philippines — The first full trading week of 2026 was off to a strong start, with local share prices rising amid expectations of a lower December inflation print.

The benchmark Philippine Stock Exchange index jumped by 0.48 percent or 29.47 points to close yesterday’s session at 6,164.53.

The broader All Shares index likewise climbed by 1.04 percent or 36.69 points, settling at 3,553.74.

“The local bourse traded at the highs before bagging a decent gain last-minute, as investors picked up quality issues after the strong December rebound in factory activity that saw a 50.2 print, driven by the rise in order volumes,” AP Securities Inc. said.

Luis Limlingan of Regina Capital, for his part, said the PSEi started the week on a strong footing as buying pressure continued in the market.

“Gains persisted despite the depreciation of the peso against the dollar. Investor confidence was likely driven by expectations of a lower inflation print for the month of December,” he said.

Sectoral indexes were mostly up, led by mining and oil which surged by 2.95 percent.

Holding firms and property, meanwhile, slipped by 0.29 percent and 0.11 percent, respectively.

Market breadth was positive as advancers crushed decliners, 133 to 93, while 51 issues were unchanged.

Total value turnover stood at P5.74 billion.

BDO was the session’s top traded stock, increasing by 0.36 percent to P139.50 per share, followed by ICTSI which gained 2.70 percent to P570.50 and SM Investments which fell by 1.18 percent to P711.

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