Manila: The local stock barometer and the peso fell Friday after a slowdown in economic growth in the third quarter of 2025. The gross domestic product (GDP) grew 4 percent in the July to September period, weaker than year-ago's 5.2 percent and quarter-ago's 5.5 percent. Authorities attributed the slowdown to the impact of weather disturbances and concerns about corruption in the government infrastructure programs.

According to Philippines News Agency, the Philippine Stock Exchange index (PSEi) shed 1.31 percent to 5,759.37 points, and All Shares by 0.81 percent to 3,514.57 points. 'The Philippine market ended lower as selling pressure persisted following the release of GDP data, which came in widely below consensus. In addition, corporate earnings results were not strong enough to offset the negative impact of the weaker GDP print and the depreciation of the PHP (Philippine peso) to 59 per USD (US dollar),' said Luis Limlingan, Regina Capital Development Corporation head of sales.

Most of the sectoral gauges also ended in the negative territory, namely Property, 3.20 percent; Industrial, 2.06 percent; Holding Firms, 2 percent; and Financials, 1.14 percent. On the other hand, Mining and Oil rose 2.17 percent and Services, 1.72 percent. Volume reached 1.71 billion shares amounting to PHP14.17 billion. Decliners led advancers at 117 to 72, while 52 shares were unchanged.

Meanwhile, the local currency finished the week at 59.04 against the U.S. dollar from its 58.94 finish the previous day. Its weakness showed early after opening the session at 58.94 from day-ago's 58.72 start. It traded between 58.9 and 59.11, bringing the day's average to 59.04. Volume went down to USD1.21 billion from the previous day's USD1.31 billion.