BUSINESS
Advocates Philippines
PSEi Climbs On Renewed Buying Interest
Photo credit: PSEi
The PSEi rebounded on April 29, 2026, closing higher as investors returned to the market with cautious optimism.
The benchmark index rose by 41.10 points, or 0.70 percent, to finish at 5,907.89, reversing its previous decline and signaling improved sentiment among traders.
Market activity remained steady, with total trading value reaching PHP 7.7 billion. Advancers outpaced decliners, 105 to 78, while 54 stocks remained unchanged—an indication of broader participation in the day’s gains.
Foreign investors also provided support to the market, with total foreign buying hitting PHP 4.23 billion, slightly exceeding foreign selling of PHP 3.95 billion. This resulted in net foreign buying of PHP 279.59 million, helping lift the index.
The return of net foreign inflows is often seen as a positive signal, suggesting renewed confidence in Philippine equities after recent selling pressure.
Despite the uptick, market watchers note that investor sentiment remains cautious, with participants continuing to monitor global economic trends and local developments that could influence trading in the coming days.
The latest performance reflects a market attempting to stabilize, as investors look for clearer direction amid mixed signals both locally and abroad.
The benchmark index rose by 41.10 points, or 0.70 percent, to finish at 5,907.89, reversing its previous decline and signaling improved sentiment among traders.
Market activity remained steady, with total trading value reaching PHP 7.7 billion. Advancers outpaced decliners, 105 to 78, while 54 stocks remained unchanged—an indication of broader participation in the day’s gains.
Foreign investors also provided support to the market, with total foreign buying hitting PHP 4.23 billion, slightly exceeding foreign selling of PHP 3.95 billion. This resulted in net foreign buying of PHP 279.59 million, helping lift the index.
The return of net foreign inflows is often seen as a positive signal, suggesting renewed confidence in Philippine equities after recent selling pressure.
Despite the uptick, market watchers note that investor sentiment remains cautious, with participants continuing to monitor global economic trends and local developments that could influence trading in the coming days.
The latest performance reflects a market attempting to stabilize, as investors look for clearer direction amid mixed signals both locally and abroad.
Apr 29, 2026
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