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Shares to move sideways before PMI, inflation data
Business World Philippines
|February 02, 2026
PHILIPPINE STOCKS may move sideways this week as investors await the release of key domestic economic data that could affect the Bangko Sentral ng Pilipinas’ (BSP) rate decision this month.
On Friday, the bellwether Philippine Stock Exchange index (PSEi) jumped by 1.69% or 105.61 points to end at 6,328.97, while the broader all shares index went up by 0.99% or 35.20 points to close at 3,583.23.
Week on week, however, the PSEi declined by 4.29 points from its Jan. 23 finish of 6,333.26.
“The local bourse remained defensive [last] week as a hawkish US Fed pause and lackluster 3% fourth-quarter gross domestic product (GDP) print weighed on sentiment. However, late-session bargain hunting on Friday, pared losses, leaving the PSEi modestly lower,” 2TradeAsia. com said in a market note.
Dit verhaal komt uit de February 02, 2026-editie van Business World Philippines.
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