Market to take cue from fiscal data, protest rally

Upgrade to High-Speed Internet for only ₱1499/month!

Enjoy up to 100 Mbps fiber broadband, perfect for browsing, streaming, and gaming.

Visit Suniway.ph to learn

November 24, 2025 | 12:00am

MANILA, Philippines — Investors are entering another week of cautious trading with the impending release of fiscal and trade data and another massive protest rally set on Nov. 30.

Rizal Commercial Banking Corp. chief economist Michael Ricafort expects investors to look for signals from the roster of economic data to be released this week.

The Bureau of the Treasury is set to issue the fiscal report on Nov. 26, while the Philippine Statistics Authority is scheduled to release the trade data on Nov. 28.

However, what could be more interesting for investors is how the lead-up of the week would be toward Nov. 30, with various progressive groups set to stage another anti-corruption protest as a follow-up to the previous one on Sept. 21.

Ricafort expects these movements to affect how investors would transact with the local stock market this week. Investors may also start looking for hints on whether another rate cut is in line for the Monetary Board meeting on Dec. 11.

Philstocks Financial Inc. research manager Japhet Tantiangco said the market may require more catalysts to sustain its recovery from last week.

“To sustain bargain hunting, we must see more positive catalysts at play [because] without such, we may see the market succumb to profit taking again, especially since concerns over corruption issues and the local economy’s outlook are still weighing on sentiment,” Tantiangco said.

Last week, the benchmark Philippine Stock Exchange index (PSEi) expanded on four of the five days, nearing the 6,000-level again after falling to fresh five-year lows.