Market Trades Tripled but PSE Index Declines

Value turnover at the Philippine Stock Exchange (PSE) rose threefold to P19.61 billion, but the index lost 14.22 points, or 0.21 percent, to close at 6,611.24.

The Philippine Stock Exchange (PSE) Index, February 27, 2026

Only the holding firms sector held fort, rising by 0.87 percent, while the rest of the sectors posted losses, with property down 1.52 percent on sell-offs in property giants Ayala Land and SM Prime.

Market bellwether SM Investments rose, while Ayala Corp. bucked its reclassification in an index fund to advance by 2.65 percent to P600.

Foreign investors remained committed to the market, although selective in their buying, posting net purchases of P915 million.

There were P6.4 billion in block sales of DigiPlus, AREIT REIT, and ICTSI, among others, indicating stock accumulation. However, selling pressure pulled the index down to an intraday low of 6,554.39.

Still, the market’s breadth showed positioning, with 85 gainers, 99 losers, and 72 unchanged issues, including top-traded ICTSI and gold darling Apex Mining.