PSE Index Falters a Level

The Philippine Stock Exchange (PSE) index tumbled one level on Monday, closing at its intraday low of 6,237.87 points, down by 59.39 points or 0.94 percent, as investors stayed on the sidelines.

The Philippine Stock Exchange (PSE) Index, January 26, 2026

Only the mining and oil index—boosted by the surge in US gold prices to $5,000 per ounce—and the financials sector posted gains.

BDO Unibank rose by 0.14 percent to P138.20, Bank of the Philippine Islands advanced by 0.86 percent to P117, and Metrobank closed 0.62 percent higher at P72.50. In mining, Apex Mining surged by 2.11 percent to P15.52, Philex Mining gained 3.23 percent to P11.52, and Atlas Mining jumped by 10.15 percent to P8.14.

Other sectors posted losses, with industrials down 0.79 percent, holding firms slipping 0.73 percent, services retreating 2.07 percent, and property falling 1.13 percent.

ICTSI, the most active stock with P845 million in trades, declined by 2.87 percent to P604.50, while DigiPlus slumped 2.84 percent to P14.38.

Jollibee Foods also posted a steep loss of 3.40 percent to P196.10.

Value turnover reached P5.776 billion, with total foreign trades accounting for P5.422 billion. Net foreign selling amounted to P13 million, with foreign buying at P2.704 billion and foreign selling at P2.717 billion.

There were 88 gainers, 117 losers, and 62 unchanged issues, including market bellwether SM Investments, Belle Corp., Megaworld, Citicore REIT, SPNEC, and Emperador.

The market opened on a positive note at 6,346.41 points and hit an intraday high of 6,357.84 points, but later cascaded lower on sustained selling and weak investor appetite.

Among the gainers were Security Bank, Union Bank, Alternergy, ACEN Corp., Petron, Shell Pilipinas, Aboitiz Equity Ventures, DoubleDragon, Converge, Cebu Air, PhilWeb, and Meralco.

Losers included PNB, the PSE, National Reinsurance Corp., Maynilad, Ayala Corp., Megawide, Alliance Global, JG Summit, GT Capital, GMA Network, and Globe Telecom.