Market sinks as business sentiment weakensThe bellwether Philippine Stock Exchange index nosedived by 1.83 percent or 110.61 points, settling at 5,920.87. MANILA, Philippines — The local stock market showed no signs of holiday cheer as it closed the week in negative territory, plummeting below the 6,000 level anew. The bellwether Philippine Stock Exchange index nosedived by 1.83 percent or 110.61 points, settling at 5,920.87. Philstocks Financial research manager Japhet Tantiangco said the local market declined as investors took profits amid weak confidence in the local economy’s growth outlook. “This comes as the country’s lingering corruption issues and headwinds offshore continue to cloud the local economy’s prospects,” Tantiangco said.

Source: Philippine Star December 19, 2025 18:25 UTC