PSE Index Drops Further

The Philippine Stock Exchange (PSE) index declined further on Wednesday, shedding 22.76 points, or 0.36 percent, to close at 6,330.10.

The Philippine Stock Exchange (PSE) Index, January 21, 2026

Financials fell 0.48 percent, industrials slipped 0.58 percent, and services declined 0.64 percent. In contrast, holding firms gained 0.14 percent, property rose 0.20 percent, and mining and oil surged 4.64 percent, buoyed by rising gold prices to $4,850 per ounce.

As a result, Apex Mining jumped 8.26 percent, while OceanaGold climbed 5.54 percent.

Market bellwether SM Investments edged up 0.14 percent to ₱705, supported by JG Summit, which rose 1.53 percent to ₱20.60.

ICTSI, once again the most active stock with ₱895 million in trades, slipped 0.79 percent to ₱625, while DigiPlus retreated 5.96 percent to ₱14.20. BDO Unibank eased 0.14 percent to ₱138.80, while Bank of the Philippine Islands declined 0.67 percent to ₱117.80.

Value turnover reached ₱6.86 billion, while foreign trades totaled ₱7.2 billion, as foreign investors played both sides of the market.

There was net foreign buying of ₱252 million, with foreign buying at ₱3.751 billion and selling at ₱3.468 billion.

Market breadth was negative, with 85 gainers, 108 losers, and 66 unchanged issues, including Topline, Emperador, Axelum, and Shakey’s Pizza.

Among the gainers were PLDT, Century Properties, PNB, PSE, Alternergy, ACEN Corp., Basic Energy, Ayala Land, Maynilad, First Gen, Universal Robina, and Megawide. Decliners included Ayala Corp., SM Prime, Jollibee Foods, Meralco, Manila Water, Monde Nissin, UnionBank, and Security Bank.