BUSINESS
Advocates Philippines
PSEi Climbs Past 6,500 As Services Lead Gains
Photo credit: PSEi
MANILA, Philippines — Philippine stocks extended their gains on Tuesday, with the benchmark index climbing back above the 6,500 level as investors snapped up shares in key sectors.
As of February 24, 2026 | 02:09:31 PM, the Philippine Stock Exchange index (PSEi) rose 30.03 points, or 0.46 percent, to 6,518.54.
The broader All Shares index also advanced by 13.99 points, or 0.39 percent, to settle at 3,605.60, reflecting overall positive market sentiment.
Leading the charge was the Services sector, which jumped 1.72 percent to 2,744.71, gaining 46.48 points. The Industrial index followed with a solid 0.89 percent increase to 9,344.28, up 82.11 points.
Mining and Oil stocks also posted gains, rising 0.23 percent to 19,401.46, while Holding Firms edged up 0.25 percent to 5,148.84.
However, not all sectors shared the upbeat mood. Financials slipped 0.44 percent to 2,171.96, down 9.63 points, while Property declined 0.67 percent to 2,196.99, shedding 14.82 points.
Market watchers said the mixed sectoral performance suggests selective buying among investors, with funds flowing into industries seen as resilient amid ongoing economic developments.
Despite pockets of weakness, the PSEi’s return above the 6,500 mark signals renewed investor confidence, at least for now, as traders continue to monitor both local and global cues heading deeper into the week.
As of February 24, 2026 | 02:09:31 PM, the Philippine Stock Exchange index (PSEi) rose 30.03 points, or 0.46 percent, to 6,518.54.
The broader All Shares index also advanced by 13.99 points, or 0.39 percent, to settle at 3,605.60, reflecting overall positive market sentiment.
Leading the charge was the Services sector, which jumped 1.72 percent to 2,744.71, gaining 46.48 points. The Industrial index followed with a solid 0.89 percent increase to 9,344.28, up 82.11 points.
Mining and Oil stocks also posted gains, rising 0.23 percent to 19,401.46, while Holding Firms edged up 0.25 percent to 5,148.84.
However, not all sectors shared the upbeat mood. Financials slipped 0.44 percent to 2,171.96, down 9.63 points, while Property declined 0.67 percent to 2,196.99, shedding 14.82 points.
Market watchers said the mixed sectoral performance suggests selective buying among investors, with funds flowing into industries seen as resilient amid ongoing economic developments.
Despite pockets of weakness, the PSEi’s return above the 6,500 mark signals renewed investor confidence, at least for now, as traders continue to monitor both local and global cues heading deeper into the week.
Feb 24, 2026
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