PSE net income jumps 19.8% in first half on higher trading volumes

KUALA LUMPUR, 15 AUGUST 2026 —

The Philippine Stock Exchange Inc (PSE) said first-half net income rose 19.8% to Php 608.38 million from Php 508.03 million a year earlier.

“We attribute this to a more active market, with average daily value turnover up 13.5% to Php 7.72 billion from Php 6.80 billion a year ago,” PSE president and CEO Ramon S. Monzon said. The exchange credited the Capital Markets Efficiency Promotion Act, which cut the stock transaction tax from 0.6% to 0.1% starting July 1, 2025.

Transaction fees rose 10.7% to Php 303.43 million as trading volumes improved at both the Philippine Dealing Exchange Corp and PSE. SCCP service fees increased 14.5% to Php 165.45 million, while equity trading value jumped 14.5% to Php 926.54 billion from Php 809.27 billion in the same period last year.

Philippine Depository Trust Corp revenues grew 4.3% to Php 294.55 million on higher fixed income depository holdings. Other operating revenues more than doubled to Php 184.49 million from Php 94.23 million.

Total costs and expenses edged up 3.13% to Php 728.90 million from Php 706.77 million a year earlier.

Monzon said the exchange is reviewing listing rules to lower barriers to entry. The Securities and Exchange Commission has approved a tiered public ownership framework and revised preferred-share rules that cut the minimum offer size to Php 100 million from Php 1 billion and allow direct listings.

“About Php 133.70 billion in upcoming second-half listings, including the initial public offerings of Mynt Inc and Vitro REIT, will test our reforms aimed at a market that is easier to list in, less costly to trade in, and open to more investors,” Monzon said.

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