PSE Index's Performance Confirms Rattled Investors

The Iran crisis further dampened investor interest, pushing the Philippine Stock Exchange (PSE) index down by 60 points, or 0.94 percent, to 6,320.41 points.

The Philippine Stock Exchange (PSE) Index, March 6, 2026

Save for the property sector, which edged up 0.28 percent, all sectors ended in the red. Even mining and oil failed to muster investor interest despite gold prices hovering near record highs at $5,170 per ounce.

Investors see the market continuing to be bearish as the bombs provide craters to the index.

ICTSI was the most actively traded stock again, but it ended 1.37 percent lower at P718. Banks, conglomerates, and mining shares buckled under pressure.

Foreign investors were again net sellers, unloading P229 million, while value turnover was slightly above average. Market breadth remained negative, with 116 losers and 89 gainers.

The weekend will be keenly watched to see whether the market continues its downward path or eases along with developments in the geopolitical theater.