MANILA — The Philippine Stock Exchange index (PSEi) jumped as a firmer peso and increased foreign investments fueled a broad-based market rally.

The main index climbed 125.44 points, or 1.98 percent, to close at 6,474.60, with the Services sector leading gains. Market volume was relatively light at 754 million shares valued at P6.86 billion, as gainers outnumbered losers 110 to 90, with 63 unchanged.

“The PSEi ended sharply higher, rebounding from yesterday’s decline as buying interest returned to the market,” said Luis Limlingan, Managing Director at Regina Capital Development Corporation. He added that the peso’s stability against the US dollar encouraged renewed foreign inflows, while investors took advantage of lower prices amid improving currency conditions.

Japhet Tantiangco, Financial Research Manager at Philstocks, noted that “the local market rose on the back of the local currency’s appreciation. The positive cues from Wall Street also helped in Tuesday’s climb.”

Rizal Commercial Banking Corporation Chief Economist Michael Ricafort said the PSEi gained for the third day in four trading sessions following stronger local foreign direct investment data of $897 million in November 2025, the highest in four months since July 2025. “The PSEi also gained after the latest net foreign buying of $17.3 million versus the previous trading day’s $0.4 million,” he added.