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PSEi back at 6,400 level as US, China hold talks
Business World Philippines
|June 10, 2025
PHILIPPINE STOCKS eked out gains on Monday to bring the bellwether back above the 6,400 mark as investors remain optimistic on the latest round of trade talks between the United States and China.
The main Philippine Stock Exchange index (PSEi) rose by 0.46% or 29.34 points to close at 6,406.13, while the broader all shares index increased by 0.19% or 7.37 points to 3,786.59.
“The local market advanced on the back of hopes that the upcoming US-China trade talks in London would be productive and would eventually lead to better relations between the two,” Philstocks Financial Inc. Research Manager Japhet Louis 0. Tantiangco said in a Viber message. “Hopes of policy easing by the Bangko Sentral ng Pilipinas (BSP) in their meeting next week also helped in the climb,” he added.
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