Increased Trump tariff spooks Philippine inventory market buyers

Higher Trump tariff spooks Philippine stock market investors

PSEi closing July 10, 2025

MANILA, Philippines — The native inventory barometer retreated beneath 6,400 after spending most of Thursday in constructive territory as buyers priced in america’ newest spherical of tariffs, together with a better fee for the Philippines.

The benchmark Philippine Inventory Change Index (PSEi) closed decrease by 0.63 p.c on Thursday to six,463.20.

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Likewise, the broader All Shares Index shed 0.14 p.c, or 5.16 factors, to shut at 3,812.46.

The Philippines was slapped with a 20-percent responsibility starting on Aug. 1, greater than the preliminary 17-percent fee after negotiations.

READ: Philippine exports to America face 20% Trump tariff

Banks logged the steepest decline, because the sector is seen to face slower credit score development attributable to delayed growth in trade-exposed sectors, merchants mentioned.

Worldwide Container Terminal Providers Inc. was probably the most actively traded inventory because it climbed 0.91 p.c to P445 per share, adopted by DigiPlus Interactive Corp., which surged by 8.22 p.c to P39.50.

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READ: Fintech companies comply with tighten e-gambling ‘safeguards’

Financial institution of the Philippine Islands went down 2.44 p.c to P120; Ayala Land Inc., down 3.36 p.c to P27.35; and SM Prime Holdings Inc., up 1.83 p.c to P25.05 every.

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Gainers outnumbered losers, 107 to 85, whereas 55 corporations closed flat, inventory alternate information additionally confirmed. /dda



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