BUSINESS
Advocates Philippines
PSEi Slips As Foreign Selling Weighs On Market
Photo credit: PSEi
Philippine stocks ended Thursday slightly lower, with the benchmark PSEi dipping 0.10 percent as foreign investors continued to pull funds out of the market.
The index closed at 5,983.81, down 5.75 points from the previous session, reflecting cautious sentiment among investors amid ongoing global and local economic concerns.
Trading activity remained moderate, with total value turnover reaching PHP 5.7 billion. Market breadth was negative, as decliners (102) outpaced advancers (92), while 62 stocks remained unchanged.
Foreign participation showed a clear selling bias, with total foreign selling at Php 3.77 billion exceeding foreign buying of Php 3.17 billion. This resulted in a net foreign outflow of Php 597.7 million, adding pressure on the index.
The slight decline highlights continued investor caution, particularly as external factors such as global market volatility and inflation concerns influence trading decisions. Analysts note that sustained foreign outflows could keep the market under pressure in the near term, unless offset by stronger domestic buying or positive economic signals.
The index closed at 5,983.81, down 5.75 points from the previous session, reflecting cautious sentiment among investors amid ongoing global and local economic concerns.
Trading activity remained moderate, with total value turnover reaching PHP 5.7 billion. Market breadth was negative, as decliners (102) outpaced advancers (92), while 62 stocks remained unchanged.
Foreign participation showed a clear selling bias, with total foreign selling at Php 3.77 billion exceeding foreign buying of Php 3.17 billion. This resulted in a net foreign outflow of Php 597.7 million, adding pressure on the index.
The slight decline highlights continued investor caution, particularly as external factors such as global market volatility and inflation concerns influence trading decisions. Analysts note that sustained foreign outflows could keep the market under pressure in the near term, unless offset by stronger domestic buying or positive economic signals.
Apr 23, 2026
We are dedicated storytellers with a passion for bringing your brand to life. Our services range from news and media features to brand promotion and collaborations.
Interested? Visit our
Contact Us page for more information. To learn more about what we offer, check out our latest article on services and opportunities.
