The Philippines’ anti-corruption court has dropped the last legal case alleging the Marcos family amassed ill-gotten wealth, a decision that analysts say could lift the Philippine peso and equities by reducing political uncertainty.
The removal of a decades-old political risk related to Marcos-era wealth cases is expected to boost foreign buying in Philippine equities. The PSEI has been range-bound on political concerns; this catalyst may trigger a breakout.
Analysts expect the index to test the 6,500 resistance level, with a sustained break opening the way to 6,800.
Banking and property stocks, which are sensitive to political risk and foreign flows, may lead gains.
The article mentions the Philippine peso strengthening as political risk fades. Dismissal of the Marcos case removes a key overhang, supporting PHP against the dollar. USD/PHP is likely to decline.
A break below the 55.00 support could open the path to 54.50, last seen in early 2026.
The ruling reduces political uncertainty, which was a key risk premium embedded in the peso. With the overhang gone, investors may reprice PHP higher.
The Sandiganbayan dismissed the final forfeiture case against the Marcos family, ending a 38-year legal pursuit over ill-gotten wealth. The ruling removes a major political risk for the Marcos Jr. administration and bolsters confidence in Philippine assets. Analysts expect the peso to strengthen and the stock market to rally.
It was a 1987 lawsuit by the Philippine government seeking to recover $203 million in assets allegedly amassed by Ferdinand Marcos Sr. and his associates during his rule.
The dismissal removes a long-standing legal cloud over his family, potentially strengthening his political standing and reducing opponents' leverage.