BUSINESS
Advocates Philippines
PSEi Edges Higher Despite Foreign Sell-Off
Photo credit: PSEi
The Philippine Stock Exchange index (PSEi) managed to close in the green on March 18, 2026, rising 29.44 points or 0.49% to finish at 6,055.45.
Trading activity, however, remained relatively subdued, with total value turnover reaching PHP 5.9 billion. Market breadth leaned positive, as 113 stocks advanced, outpacing 81 decliners, while 61 issues were unchanged.
Despite the uptick, foreign investors continued to trim their positions. Foreign selling totaled PHP 3.66 billion, exceeding foreign buying of PHP 2.99 billion, resulting in a net outflow of PHP 664 million.
The modest gain suggests that local buying support helped lift the index, even as foreign funds stayed cautious. Investors appear to be selectively picking stocks, keeping the market afloat amid lingering external pressures.
Overall, the session reflects a market that’s holding steady—but still facing headwinds from continued foreign selling.
Trading activity, however, remained relatively subdued, with total value turnover reaching PHP 5.9 billion. Market breadth leaned positive, as 113 stocks advanced, outpacing 81 decliners, while 61 issues were unchanged.
Despite the uptick, foreign investors continued to trim their positions. Foreign selling totaled PHP 3.66 billion, exceeding foreign buying of PHP 2.99 billion, resulting in a net outflow of PHP 664 million.
The modest gain suggests that local buying support helped lift the index, even as foreign funds stayed cautious. Investors appear to be selectively picking stocks, keeping the market afloat amid lingering external pressures.
Overall, the session reflects a market that’s holding steady—but still facing headwinds from continued foreign selling.
Mar 18, 2026
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