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.
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.
Ogilvy has released its first APAC 2026 Believability Index, a new study looking at how consumers across Asia-Pacific decide which brands and organizations they trust. The research, done with YouGov, surveyed 7,176 people in Australia, Indonesia, Singapore, Malaysia, the Philippines, Hong Kong SAR, and Mainland China.
TELUS Digital Philippines is accelerating the rollout of artificial intelligence (AI) across its operations, betting that responsible AI adoption and workforce upskilling will become key competitive advantages as businesses increasingly embrace automation.
The Financial Inclusion Steering Committee (FISC), chaired by the Bangko Sentral ng Pilipinas (BSP), is now accepting entries for the inaugural Financial Health and Inclusion Excellence Awards (FHIEA).
Metro Cebu has begun receiving desalinated water from Isla Mactan Cordova Corp. (IMCC), marking a major step in diversifying the region's water supply as rising demand and climate risks put increasing pressure on traditional sources.