The Philippine Stock Exchange (PSE) has just reported a massive 57.5% increase in profits for 2024, reaching ₱1.21 billion—a big jump from ₱766.31 million in 2023! 
What Led to This Huge Profit Growth?
While PSE’s operating revenues remained steady at ₱1.40 billion, its expenses went up by 14.9% to ₱861.67 million due to:
Higher depreciation costs Increased maintenance fees for trading, clearing, and settlement systems
But here’s the game-changer: Other income skyrocketed by 166%, from ₱314.37 million to ₱836.32 million! The biggest boost came from a ₱462.86 million remeasurement gain linked to PSE’s increased stake in Philippine Dealing System Holdings Corp. (PDS).
Why is the PDS Deal So Important?
PSE’s acquisition of a bigger share in PDS, the country’s bond and securities exchange, is a major strategic move. By December 2024, PSE expanded its stake in PDS, giving it greater control over the fixed income and depository markets.
As of February 24, 2025, PSE now owns 78.33% of PDS, up from its original 20.98% stake!
What’s Next for PSE?
PSE President and CEO Ramon S. Monzon said that the focus is now on:
Seamlessly integrating PSE and PDS to maximize efficiency Strengthening risk management in the market Expanding the fixed income and depository businesses to attract more investors
This major expansion puts PSE in a stronger position to grow the Philippine financial markets and attract bigger investments in the future.
What do you think about PSE’s massive growth? Will this boost investor confidence?
