PSE Index Tumbles on Market Rout

The Philippine Stock Exchange (PSE) index tumbled in a broad market rout today, erasing last week’s gains and closing down 84.92 points, or 1.32 percent, at 6,352.86 points.

The Philippine Stock Exchange (PSE) Index, January 20, 2026

Losers overwhelmed gainers, 133 to 68, as most sub-indices posted steep declines. Financials fell 1.73 percent, industrials shed 1.18 percent, property slumped 2.68 percent, and holding firms retreated 1.88 percent.

Ayala Land slid 4.68 percent to ₱22.40, San Miguel Corp. declined 2.14 percent, BDO Unibank dropped 2.34 percent, and market bellwether SM Investments sank 3.56 percent to ₱704.00.

ICTSI provided a counterpoint to the market rout, rising 1.61 percent to ₱630.00 and emerging as the most active stock with ₱985 million in trades. As a result, the services index advanced 0.73 percent, while higher gold prices lifted the mining and oil sector by 0.33 percent. Apex Mining gained 1.97 percent to ₱14.52,

OceanaGold rose 0.40 percent to ₱37.90, and Philex Mining added 1.13 percent to close at ₱10.78.

The index opened on a strong note and climbed to an intraday high of 6,445.61 before heavy selling pushed it to a low of 6,350.02.

Value turnover reached ₱7.11 billion, while foreign trades totaled ₱7.14 billion. There was net foreign buying of ₱303 million, with foreign buying at ₱3.724 billion and foreign selling at ₱3.420 billion.

Among the gainers were GT Capital, Metrobank, AgriNurture, JG Summit, AREIT, RCR, Century Properties, GMA Network, DoubleDragon, FILRT, and VistaREIT.

Among the losers were Bank of the Philippine Islands, Bloomberry, Jollibee Foods, SM Prime, Ayala Corp., PNB, Security Bank, Monde Nissin, Universal Robina, and Globe Telecom.

Unchanged issues included DigiPlus, DITO CME, Aboitiz Equity Ventures, Abacore, Figaro Coffee, D&L Industries, PSE, Citicore REIT, Manila Water, and SPNEC.