Bargain hunting propels PSEi above 6,000 - News Summed Up

Bargain hunting propels PSEi above 6,000


Bargain hunting propels PSEi above 6,000The benchmark Philippine Stock Exchange index (PSEi) soared by 2.03 percent or 120.39 points to close the session at 6,041.26. MANILA, Philippines — Stocks rallied as investors took advantage of lower prices following the market’s recent slump. The benchmark Philippine Stock Exchange index (PSEi) soared by 2.03 percent or 120.39 points to close the session at 6,041.26. The market’s strong performance to open the shortened trading week was attributed primarily to bargain-hunting activities. Michael Ricafort, chief economist at Rizal Commercial Banking Corp., said the PSEi gained and completely erased the previous day’s 1.8-percent decline.


Source: Philippine Star December 22, 2025 17:37 UTC



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