The Philippine Stock Exchange (PSE) Investor presentation summary

Market performance

• PSEI closed at 6,026.01 on Mar. 17, 2026, down 7.3% YoY and 0.4% YTD; its 2026 high close was 6,625.46 on Feb. 26.

• As of Mar. 17, the dividend index was 1,944.76, up 0.5% YTD, while the MidCap index was 1,760.95, up 0.4% YTD.

• Average daily value turnover was Php7.59bn in 2M26, Php6.09bn in 2M25, and Php7.33bn in 2025.

• Domestic market capitalization reached Php14.30tn (US$248.44bn) in 2M26, up 4.8% YTD.

Financial performance

• 2025 operating revenue was Php2,842.60mn, up 103.3% YoY; operating income was Php1,441.29mn, up 168.7%, and total expenses were Php1,401.31mn, up 62.6%.

• 2025 net income was Php1,223.99mn, up 1.4%; net income attributable to parent-company equity holders was Php1,155.79mn, down 4.3%.

• Investment income fell 40.0% to Php154.33mn and other income fell 97.9% to Php11.87mn; 2024 other income included a Php462.86mn remeasurement gain and Php98.56mn equity in associate net income.

• 2025 EPS was Php14.11 vs. Php14.75 in 2024; ROE was 22.2% vs. 18.3%, ROA 14.0% vs. 14.1%, and P/E 14.56 vs. 11.12.

Product and market development

• Derivatives development is starting with PSEI-based index futures; ETF rule amendments are being finalized to enable trust-type and actively managed ETFs and exposure to foreign securities and alternative assets.

• Proposed SBL rule changes would allow an SEC-registered onshore lending agent to facilitate certain transactions between foreign lenders and borrowers involving listed securities.

• GPDR provider discussions, structured-warrant issuer consultations, and a study of market makers are progressing as potential product and liquidity initiatives.

• Exchange partnerships with TWSE and TPEX cover areas including SBL, derivatives, market making, SME development, ESG, indices, ETFs, and bond and equity derivatives.

• Capital Markets Efficiency Promotion Act provisions effective July 1, 2025, reduced stock transaction tax from 0.6% to 0.1% and original-issuance documentary stamp tax from 1% to 0.75%.