The Philippine stock market is navigating a mixed outlook as the PSEi contends with renewed foreign selling, offset partially by improving domestic investor sentiment and anticipated foreign inflows into the local bond market.
Philippine financial markets are expected to remain fragile this week, with investors bracing for continued volatility as risk aversion dominates sentiment and the benchmark index struggles to regain footing above key levels.
The Philippine Stock Exchange index (PSEi) slid 1.3 percent to 6,384.58, extending profit-taking for a second session after touching seven- to nine-month highs. Even so, the benchmark remains comfortably above the 6,000 mark, keeping the broader uptrend intact and suggesting the pullback is more consolidation than reversal.
Philippine equities held their footing above the 6,000 level as caution continued to dominate trading, with analysts balancing global headwinds against pockets of domestic resilience.
Human rights lawyer Antonio Gabriel La Viña has rejected plunder and graft allegations against Sen. Loren Legarda and her son, Batangas Rep. Leandro Leviste, calling the cases “classic lawfare" and a form of political persecution.
As spokeperson and part of Legarda's legal team, La Viña said no formal charges have been filed in court and both have submitted counter-affidavits to the Ombudsman. He maintained that Legarda has no ownership or role in Leviste’s solar companies and committed no wrongdoing.
“Responsibility is personal. Motherhood should not become evidence against her,” he said, warning against using legal proceedings for political ends.
Globe employees are turning AI from concept into practical tools that boost operations and customer service, highlighted at the recent Globe AI Showcase.
China Bank Savings (CBS) is bolstering its field-based lending services for Department of Education (DepEd) teachers and non-teaching employees through a strengthened collaboration with PLDT Enterprise and Samsung Electronics Philippines.
The Bangko Sentral ng Pilipinas (BSP) brought micro, small, and medium enterprises (MSMEs) closer to banks and lenders through the MSME Financing Forum held at its main office on September 11, 2026.