PH Stocks Tumble Amid Corruption Concerns

2025-10-06 08:13 By Czyrill Jean Coloma 1 min. read

The Philippine Stock Exchange Index tumbled 1.8% to close at the 6,000 mark on Monday, snapping a three-session winning streak, as investor sentiment soured amid an escalating corruption scandal and ongoing social unrest.

Investors grew increasingly cautious following allegations of corruption in infrastructure projects, particularly flawed flood control systems exposed after recent monsoon rains and severe flooding.

Simultaneously, social unrest flared as a wave of mass demonstrations erupted in late September, characterized by scattered confrontations between protesters and law enforcement.

Meanwhile, market attention has now shifted to the upcoming monetary policy decision by the Bangko Sentral ng Pilipinas later this week.

Several blue-chip stocks ended the session in negative territory, with Bank of the Philippine Islands (BPI) plunging 3.9%, Ayala Land Inc. down 2.9%, Ayala Corp.

losing 2.5%, and SM Investments Corporation declining 1.7%.



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