BUSINESS
Advocates Philippines
PSEi Slides As Mining, Services Weigh On Market Today
Photo credit: PSEi
MANILA, Philippines — Philippine stocks traded lower today, as losses in mining and services shares dragged the market down and kept investor sentiment cautious through the session.

As of 1:53 p.m., the Philippine Stock Exchange index (PSEi) declined 69.09 points, or 1.07%, to 6,402.16. The broader All Shares index also fell 0.74% to 3,567.76, showing the generally weak tone across most sectors.

Financials stood out as the lone gainer, inching up 0.19% to 2,153.34. While the slight increase provided some support, it was not enough to offset declines in other sectors. Industrial stocks slipped 0.29% to 9,146.96, while holding firms dropped 0.68% to 5,082.75. Property shares also declined 0.57% to 2,187.91, reflecting continued cautious positioning among investors.

The services sector posted one of the biggest losses, falling 2.95% to 2,654.16. Mining and oil stocks also weighed heavily on the market, sliding 2.52% to 18,151.68 and contributing significantly to the overall downturn.

Market participants remained selective, with modest buying seen in financials but broader selling pressure dominating most sectors. The mixed performance highlights a cautious market environment today, as investors continued to monitor developments and manage risks amid ongoing volatility.
Feb 13, 2026
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