BUSINESS
Advocates Philippines
PSEi Surges 1.86 Percent On Strong Foreign Buying
Photo credit: PSEi
Philippine stocks rallied on Monday, with the benchmark PSEi posting a strong gain driven by renewed investor confidence and net foreign inflows.
May 4, 2026: PSEi closed at 5,942.16 up 108.52 points or 1.86 percent.
The local bourse ended the session near the 6000 mark, reflecting upbeat market sentiment as buying activity outpaced selling. Total traded value reached 6.5 billion pesos, indicating steady participation from investors.
Market breadth also leaned positive, with 102 advancing stocks outnumbering 91 decliners, while 66 issues remained unchanged.
Foreign investors were net buyers for the day, with total foreign buying at 3.99 billion pesos and foreign selling at 3.65 billion pesos, resulting in a net inflow of 341.56 million pesos. Analysts often view sustained foreign buying as a sign of improving confidence in the local market.
The day’s performance highlights a rebound in equities, as the Philippine Stock Exchange continues to see increased activity amid evolving economic conditions.
Market watchers are now eyeing whether the upward momentum can be sustained in the coming sessions, especially as the index approaches the key 6000 resistance level.
May 4, 2026: PSEi closed at 5,942.16 up 108.52 points or 1.86 percent.
The local bourse ended the session near the 6000 mark, reflecting upbeat market sentiment as buying activity outpaced selling. Total traded value reached 6.5 billion pesos, indicating steady participation from investors.
Market breadth also leaned positive, with 102 advancing stocks outnumbering 91 decliners, while 66 issues remained unchanged.
Foreign investors were net buyers for the day, with total foreign buying at 3.99 billion pesos and foreign selling at 3.65 billion pesos, resulting in a net inflow of 341.56 million pesos. Analysts often view sustained foreign buying as a sign of improving confidence in the local market.
The day’s performance highlights a rebound in equities, as the Philippine Stock Exchange continues to see increased activity amid evolving economic conditions.
Market watchers are now eyeing whether the upward momentum can be sustained in the coming sessions, especially as the index approaches the key 6000 resistance level.
May 4, 2026
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