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.
Philippine equities continue to show underlying strength despite the PSEi’s recent mild pullback, which analysts view as a natural bout of profit-taking after a sharp advance.
The benchmark Philippine Stock Exchange index (PSEi) could hit 7,800 points within the year as most of its 30-members have forecast earnings exceeding pre-pandemic levels.
Bureau of Internal Revenue has joined the pilot rollout of the Department of Information and Communications Technology–led National Single Window–Integrated Trade Facilitation Platform (NSW-ITFP), marking a key step in the government’s push to digitize trade documentation and strengthen tax administration.
Clark International Airport Corporation and Jamco Philippines Inc. formalized a P600-million expansion agreement on June 23, 2026, deepening Clark’s positioning as a rising aerospace manufacturing hub and signaling renewed investor confidence in high-value production within the country.
A stronger push to address child malnutrition is underway in ABI Pascual Foods, Inc., as it teams up with the National Dairy Authority, the Department of Education, and the Sta. Rosa local government to roll out a 100-day milk feeding program for public school learners.
The National Fisheries Research and Development Institute has launched a rehabilitation program for its Brackishwater Fisheries Research and Development Center in Lanao del Norte, converting it into an Aquaculture Business Technology Incubation Center. Announced Tuesday, the project covers improvements to the training hall, two research ponds, and the laboratory.