BUSINESS
Advocates Philippines
PSEi Jumps As Mining, Property Stocks Lead Market Rally
Photo credit: PSEi
The Philippine stock market kicked off February on a strong note, with most sectors ending in the green as investors showed renewed confidence across the board.
As of February 03, 2026, 02:42 PM, the benchmark PSEi climbed to 6,397.80, gaining 100.72 points or 1.60%. The broader All Shares Index followed suit, rising 1.12% to 3,548.74, signaling widespread buying activity.
Sectoral indices posted solid gains, led by Mining & Oil, which surged 4.59% to 17,124.45—the biggest mover of the day. Property stocks also stood out, advancing 2.13%, while Services gained 1.78%, reflecting strong interest in consumer- and growth-driven plays.
Meanwhile, Financials rose 1.42%, Industrial stocks added 1.36%, and Holding Firms increased 1.03%, rounding out an upbeat session for the local market.
The across-the-board rally suggests optimism is building among investors, with commodity-linked and property shares drawing particular attention. If momentum holds, market watchers say the PSEi could be testing higher levels in the days ahead.
As of February 03, 2026, 02:42 PM, the benchmark PSEi climbed to 6,397.80, gaining 100.72 points or 1.60%. The broader All Shares Index followed suit, rising 1.12% to 3,548.74, signaling widespread buying activity.
Sectoral indices posted solid gains, led by Mining & Oil, which surged 4.59% to 17,124.45—the biggest mover of the day. Property stocks also stood out, advancing 2.13%, while Services gained 1.78%, reflecting strong interest in consumer- and growth-driven plays.
Meanwhile, Financials rose 1.42%, Industrial stocks added 1.36%, and Holding Firms increased 1.03%, rounding out an upbeat session for the local market.
The across-the-board rally suggests optimism is building among investors, with commodity-linked and property shares drawing particular attention. If momentum holds, market watchers say the PSEi could be testing higher levels in the days ahead.
Feb 3, 2026
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