The British Chamber of Commerce of the Philippines on Wednesday welcomed the recent rise in the Philippine Stock Exchange index, citing improving market sentiment and the government’s renewed focus on economic strategies.

In a statement, the chamber said the rebound in the local stock market reflects growing confidence despite recent volatility.

“We welcome the recovery of the PSEi, supported by robust trading activity and improving investor sentiment, despite recent market volatility,” the BCCP said.

The benchmark Philippine Stock Exchange index rose by 104.88 points on Tuesday to close at 6,401.96, its highest level since 19 January 2026. The rally reversed losses sustained in the months following Ferdinand Marcos Jr.’s disclosure of corruption issues linked to flood control projects during his State of the Nation Address in July last year.

The BCCP attributed the market recovery to a combination of policy initiatives aimed at reviving business activity, along with expectations that inflation will remain manageable. It said these developments send a positive signal to both local and foreign investors seeking stability and long-term opportunities in the Philippines.

“These developments set a positive tone for the Philippines’ ASEAN Chairship and further position the country as a strategic trade and investment partner for its regional and global peers such as the UK,” BCCP Chairman Chris Nelson said.

The chamber stressed that sustaining market confidence would depend on continued reforms and the timely passage of priority legislation. It reiterated its support for measures pending in Congress, including the Cybersecurity Act, the Digital Payments Act, and the Blue Economy Act.

“These legislative measures will play a key role in reinforcing digitalization and improving the Philippines’ competitiveness,” the BCCP said.

The chamber added that the combination of positive market movement and government initiatives could strengthen the country’s standing in regional and global trade, particularly as it assumes its ASEAN Chairship and positions itself as an attractive partner for investors from countries such as the United States and the United Kingdom.