Manila, March 3 -- Philippine shares inched up on Monday, ahead of the release of the February 2025 inflation data, while the peso moved sideways.

The Philippine Stock Exchange index (PSEi) gained 0.65 percent to 6,037.19 while All Shares also rose by 0.89 percent to 3,620.12.

"Philippine shares made modest gains following the sentiment of regional and markets and with the quarterly MSCI (Morgan Stanley Capital International) rebalancing concluding last week," Regina Capital Development Corp. head of sales Luis Limlingan said.

Limlingan said this week's key US data includes February's jobs report on Friday, with PMI (purchasing managers index) signaling weaker hiring and potential public sector job losses.

"Back home, the highlight is...