BUSINESS
Advocates Philippines
PSEi Drops Over 1 Percent On Continued Foreign Selling
Photo credit: PSEi
The Philippine Stock Exchange Index ended Thursday in the red, falling sharply as foreign investors continued to pull funds out of the local market.
As of April 30, 2026, the benchmark index closed at 5,833.64, down 74.25 points or 1.26 percent.
Market activity remained moderate, with total trading value reaching PHP 7.6 billion. Decliners outpaced advancers, 113 to 74, while 58 stocks remained unchanged—reflecting a generally negative market sentiment.
Foreign transactions also weighed on the index. Foreign buying amounted to PHP 4.70 billion, while foreign selling was higher at PHP 5.24 billion, resulting in a net foreign outflow of PHP 538.00 million.
The continued foreign selling suggests lingering caution among overseas investors, contributing to the market’s downward movement as April comes to a close.
As of April 30, 2026, the benchmark index closed at 5,833.64, down 74.25 points or 1.26 percent.
Market activity remained moderate, with total trading value reaching PHP 7.6 billion. Decliners outpaced advancers, 113 to 74, while 58 stocks remained unchanged—reflecting a generally negative market sentiment.
Foreign transactions also weighed on the index. Foreign buying amounted to PHP 4.70 billion, while foreign selling was higher at PHP 5.24 billion, resulting in a net foreign outflow of PHP 538.00 million.
The continued foreign selling suggests lingering caution among overseas investors, contributing to the market’s downward movement as April comes to a close.
Apr 30, 2026
We are dedicated storytellers with a passion for bringing your brand to life. Our services range from news and media features to brand promotion and collaborations.
Interested? Visit our
Contact Us page for more information. To learn more about what we offer, check out our latest article on services and opportunities.
