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PSEi recovers, peso rallies back to 58-level

November 18, 2025

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The Philippine Star

Bargain hunters came to the local bourse’s rescue yesterday following last Friday’s massive selloff, while the peso bounced back to the 58-level against the dollar amid improved market sentiment and easing political concerns.

- By RICHMOND MERCURIO and KEISHA TA-ASAN

The Philippine Stock Exchange index (PSEi) climbed by 3.49 percent or 194.77 points to finish yesterday's session at 5,779.12 after crashing to a fresh five-year low last Friday.

The broader All Shares index also closed in positive territory, adding 0.63 percent or 20.54 points to end at 3,280.80.

“The PSEi ended higher as the market took advantage of last Friday’s steep decline to buy stocks at a bargain,” Luis Limlingan of Regina Capital said.

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