BUSINESS
Advocates Philippines
PSEi Slips Today As Mining Stocks Outperform
Photo credit: PSEi
Manila — Philippine stocks traded lower in today’s session, with the Philippine Stock Exchange index (PSEi) easing further as losses in most sectors outweighed gains elsewhere in the market.
As of 2:32 p.m. on January 21, 2026, the PSEi stood at 6,336.78, down 16.08 points or 0.25 percent. The broader All Shares Index also slipped 0.23 percent to 3,598.64, reflecting cautious sentiment among investors.
Most sector indices ended in negative territory, led by the Services sector, which declined nearly 1 percent. Industrial and Property stocks also posted losses, contributing to the market’s overall pullback as investors stayed selective.
Offsetting some of the weakness was a strong rally in Mining and Oil stocks, which jumped 3.44 percent to 17,847.89, making it the top-performing sector of the day. Holding Firms also closed higher, gaining 0.21 percent, while Financials posted a slight increase.
Despite pockets of gains, market activity remained subdued, with investors focusing on specific sectors rather than broad-based buying.
Market watchers note that the mixed performance reflects continued caution, as investors weigh economic developments and wait for clearer signals before taking bigger positions.
As of 2:32 p.m. on January 21, 2026, the PSEi stood at 6,336.78, down 16.08 points or 0.25 percent. The broader All Shares Index also slipped 0.23 percent to 3,598.64, reflecting cautious sentiment among investors.
Most sector indices ended in negative territory, led by the Services sector, which declined nearly 1 percent. Industrial and Property stocks also posted losses, contributing to the market’s overall pullback as investors stayed selective.
Offsetting some of the weakness was a strong rally in Mining and Oil stocks, which jumped 3.44 percent to 17,847.89, making it the top-performing sector of the day. Holding Firms also closed higher, gaining 0.21 percent, while Financials posted a slight increase.
Despite pockets of gains, market activity remained subdued, with investors focusing on specific sectors rather than broad-based buying.
Market watchers note that the mixed performance reflects continued caution, as investors weigh economic developments and wait for clearer signals before taking bigger positions.
Jan 21, 2026
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