The Philippine stock market’s journey to the 7,000-point territory in the first six months of the current year was disrupted by internal and external factors.
From the internal side, the flood control scandal still haunted investors, as this clearly affected the gross domestic product (GDP) in the last two quarters of 2025.
For the external factors, the PSEi got clobbered by the Middle East conflict that started on February 28.
From January to June, the highest close for the PSEi in 2026 was 6,625.46 points on February 26. On the other hand, the lowest closing level for the PSEi over the first six months of this year was 5,768.76, recorded on May 29.
Meanwhile, the PSEi opened the year at 6,135.06 on January 2, and closed at 6,037.17 points on June 30, for a loss of 1.6%.