PSE Index Hits New High, but Market Remains Unconvinced

The Philippine Stock Exchange (PSE) index climbed to a new high of 6,673.61 points during the session, but investors remained unconvinced, allowing the benchmark to post only a modest gain of 5.59 points, or 0.08 percent, to close at 6,625.46.

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

Mining and oil, up 1.75 percent, and property, which rose 1.82 percent, led the advance as foreign investors remained net buyers to the tune of P1.046 billion.

Investors, however, stayed selective.

Apex Mining surged 1.63 percent to P17.50, while OceanaGold slipped 0.38 percent to P39.

DigiPlus soared 9.64 percent to P16.38, while Jollibee Foods edged down 0.09 percent to P219.20, underscoring the market’s cautious tone despite the new high.

Market breadth was positive, with 125 gainers, 70 losers, and 74 shares unchanged.

Value turnover reached P8.05 billion, while foreign trades totaled P8.436 billion as investors participated on both the buying and selling sides.