The Philippine Stock Exchange Inc. (PSE) posted a net income of ₱1.22 billion in 2025, nearly unchanged from ₱1.21 billion the previous year, despite a doubling of its operating revenues to ₱2.84 billion. The increase was largely driven by the consolidation of Philippine Dealing System Holdings Corp. (PDS) into its financials, as well as higher trading and capital-raising activities.
PSE President and CEO Ramon S. Monzon said markets performed well despite political and economic challenges, expressing hope that ongoing government anti-corruption efforts will help restore investor confidence.
Trading activity was strong across the board. PSE’s total value turnover rose 19npercent to ₱1.78 trillion, while the Philippine Dealing and Exchange Corp. (PDEx) saw a 60 percent jump in trading value to ₱15.91 trillion. Listing-related revenues also increased 40 percent to ₱764.50 million, driven by multiple public offerings and private placements. In total, the PSE raised ₱144.13 billion in capital, while PDS corporate bond listings brought in ₱454.18 billion.
However, a sharp 80 percent decline in other income—from ₱836.32 million in 2024 to ₱166.20 million—kept net income flat. The prior year had included significant one-time gains from equity remeasurements.
Looking ahead, Monzon remained cautiously optimistic. While early 2026 showed bullish momentum, he noted that geopolitical tensions in the Middle East may temper investor risk appetite. He emphasized that the PSE will continue strategic initiatives, including product development, sustainability programs, technology upgrades, and regulatory reforms to encourage listings and market participation.
