BUSINESS
Advocates Philippines
PSEi Edges Up As Services Lead Midday Trade
Photo credit: PSEi
Philippine stocks were modestly higher in early afternoon trading on January 30, 2026, with gains driven mainly by the services and property sectors.
As of 2:05 p.m., the Philippine Stock Exchange index (PSEi) rose by 19.78 points, or 0.32 percent, to 6,243.14. The broader All Shares index also posted a slight increase, climbing 0.10 percent to 3,551.53.
The Services sector stood out as the day’s strongest performer, jumping 1.54 percent, supported by renewed buying interest in select stocks. The Property index also moved higher, gaining 0.45 percent, signaling cautious optimism among investors despite mixed sectoral performance.
Meanwhile, not all sectors shared in the rally. Mining and Oil stocks took a sharp hit, sliding 3.27 percent, making it the session’s biggest laggard. The Industrial index declined 0.39 percent, while Holding Firms slipped 0.21 percent. The Financials sector was mostly flat, edging down 0.02 percent.
Market watchers noted that trading remained selective, with investors weighing global cues and local economic signals ahead of the month’s close. While gains were limited, the PSEi’s ability to stay in positive territory reflected a cautiously steady sentiment in the market.
As of 2:05 p.m., the Philippine Stock Exchange index (PSEi) rose by 19.78 points, or 0.32 percent, to 6,243.14. The broader All Shares index also posted a slight increase, climbing 0.10 percent to 3,551.53.
The Services sector stood out as the day’s strongest performer, jumping 1.54 percent, supported by renewed buying interest in select stocks. The Property index also moved higher, gaining 0.45 percent, signaling cautious optimism among investors despite mixed sectoral performance.
Meanwhile, not all sectors shared in the rally. Mining and Oil stocks took a sharp hit, sliding 3.27 percent, making it the session’s biggest laggard. The Industrial index declined 0.39 percent, while Holding Firms slipped 0.21 percent. The Financials sector was mostly flat, edging down 0.02 percent.
Market watchers noted that trading remained selective, with investors weighing global cues and local economic signals ahead of the month’s close. While gains were limited, the PSEi’s ability to stay in positive territory reflected a cautiously steady sentiment in the market.
Jan 30, 2026
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