MANILA – The Philippine Stock Exchange index (PSEi) opened 2026 on a bullish note, surging 1.36% (82.14 points) to close at 6,135.06 on the first trading day (January 2, 2026), marking a confident return above the key 6,100 level after ending 2025 at 6,052.92.
The broader All Shares index also rose 1.26% to 3,517.05, with positive market breadth (146 advancers vs. 65 decliners). Turnover reached P4.36 billion, reflecting renewed interest despite holiday-thinned volumes.
What Drove the Rally?
Analysts attribute the strong opening to:
- Bargain Hunting: Investors scooped undervalued stocks after 2025’s 7.3% YTD decline.
- Manufacturing Rebound: December PMI hit 50.2 (expansion territory), signaling improved new orders and output.
- Sector Leaders: Mining & oil (+3.07%), holding firms (+2.32%).
- Foreign Buying: Net inflows of P427 million.
Philstocks’ Japhet Tantiangco noted hopes for better economic growth, while RCBC’s Michael Ricafort highlighted positive PMI as a confidence booster.
This upbeat start—highest close since September—sets an optimistic tone for 2026, with analysts eyeing resistance at 6,210 and support at 6,000.
Performance Snapshot (Jan 2, 2026 Session):
| Index | Close | Change | Volume (P Billion) |
|---|---|---|---|
| PSEi | 6,135.06 | +1.36% | 4.36 |
| All Shares | 3,517.05 | +1.26% | N/A |
Here’s to a prosperous 2026 for Philippine equities! 📈🇵🇭
