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Louella Desiderio - The Philippine Star
February 7, 2026 | 12:00am
“The PSEi’s (Philippine Stock Exchange index) strong rebound shows confidence is returning and fundamentals are reasserting themselves. For the business community, the message is simple: keep building, keep investing and keep contributing to economic growth,” Federation of Philippine Industries chairman emeritus Jesus Arranza said in a statement.
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Renewed confidence
MANILA, Philippines — Business groups welcomed the strong performance of the Philippine stock market in recent days, saying this signals renewed confidence in the economy.
“The PSEi’s (Philippine Stock Exchange index) strong rebound shows confidence is returning and fundamentals are reasserting themselves. For the business community, the message is simple: keep building, keep investing and keep contributing to economic growth,” Federation of Philippine Industries chairman emeritus Jesus Arranza said in a statement.
Last Feb. 3, the PSEi surged by 104.88 points or 1.67 percent to close at 6,401.96, the highest finish since Jan. 19, 2026.
The PSEi gained 8.87 points or 0.14 percent to close at 6,390.91 yesterday.
Arranza attributed the recent market performance to President Marcos’ leadership, despite governance issues in flood control projects.
“President Marcos is doing the right thing by staying focused on the work….His calm, steady demeanor signals that he’s in control and well on top of the situation and markets respond to that kind of leadership. Calmness begets calmness,” Arranza said.
The British Chamber of Commerce Philippines (BCCP) also welcomed the surge in the PSEi, which was supported by robust trading activity and improving investor sentiment.
BCCP also expressed support for the government’s efforts aimed at promoting increased economic activity.
“These developments set a positive tone for the Philippines’ ASEAN (Association of Southeast Asian Nations) chairship and further position the country as a strategic trade and investment partner for its regional and global peers such as the UK,” BCCP executive vice chair Chris Nelson said.
As the BCCP welcomed the recent stock market performance, the chamber also reiterated its push for the passage of key legislative measures such as the Cybersecurity Act, Digital Payments Act and Blue Economy Act to support growth.
These measures are expected to strengthen the country’s digital infrastructure and enhance financial inclusion.
