PSE Index Falls to Intraday Low as Market Remains Sluggish

The Philippine Stock Exchange index (PSE) index fell to its intraday low of 5,617.23 points on Wednesday, shedding 84.31 points, or 1.48 percent, as investor sentiment remained weak.

The Philippine Stock Exchange (PSE) Index, October 14, 2026

Market favorite International Container Terminal Services Inc. (ICTSI) tumbled 4.97 percent to ₱814.50, adding to the market's losses amid persistent economic uncertainty.

Peso weakness, elevated inflation and expectations of further interest-rate increases were cited as factors weighing on the market.

Three sectoral indices also declined. Industrials and holding firms each lost 0.01 percent, while property fell 0.07 percent.

Financials gained 0.99 percent, and mining and oil rose 0.07 percent. Among individual stocks, BDO Unibank, Bank of the Philippine Islands and Metropolitan Bank & Trust Co. advanced on bargain hunting.

Market bellwether SM Investments Corp. gained 0.19 percent to ₱531. Atlas Mining rose 4.78 percent to ₱19.30, while Apex Mining climbed 1.18 percent to ₱17.16.

Weak investor momentum continued to weigh on the market, with investors also monitoring US monetary policy and the outlook for Philippine economic growth.

Total market turnover reached ₱6.49 billion, while foreign transactions amounted to ₱7.8 billion. Net foreign selling totaled ₱902 million, with foreign buying of ₱3.458 billion and selling of ₱4.36 billion.

Market breadth remained negative, with 103 declining stocks, 66 gainers and 76 unchanged issues.