BUSINESS
Advocates Philippines
PSEi Inches Up As Services, Property Lift Market
Photo credit: PSEi
MANILA, Philippines — Philippine shares managed to close slightly higher at midday on February 18, with gains in services and property stocks helping offset losses in industrial and mining counters.
The benchmark PSEi rose 0.13 percent, or 8.09 points, to 6,376.64. The broader All Shares index also climbed 0.13 percent to 3,531.90.
Sectoral performance was mixed. The Services sector led the gains, jumping 1.31 percent, while Property stocks advanced 0.40 percent. Financials dipped slightly by 0.09 percent.
On the downside, Industrial shares fell 0.69 percent, posting the steepest decline among major sectors. Holding Firms dropped 0.36 percent, while Mining and Oil slipped 0.30 percent.
The muted movement suggests investors remain cautious, balancing selective buying in consumer-driven and property plays against continued weakness in industrial and commodity-linked stocks.
The benchmark PSEi rose 0.13 percent, or 8.09 points, to 6,376.64. The broader All Shares index also climbed 0.13 percent to 3,531.90.
Sectoral performance was mixed. The Services sector led the gains, jumping 1.31 percent, while Property stocks advanced 0.40 percent. Financials dipped slightly by 0.09 percent.
On the downside, Industrial shares fell 0.69 percent, posting the steepest decline among major sectors. Holding Firms dropped 0.36 percent, while Mining and Oil slipped 0.30 percent.
The muted movement suggests investors remain cautious, balancing selective buying in consumer-driven and property plays against continued weakness in industrial and commodity-linked stocks.
Feb 18, 2026
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