PSEi tumbles as investors lock in gains - News Summed Up

PSEi tumbles as investors lock in gains


PSEi tumbles as investors lock in gainsThe benchmark Philippine Stock Exchange index shed 1.02 percent or 65.34 points to cap off the week at 6,333.26. MANILA, Philippines — The local stock market fell back to negative territory as investors took profits following the previous day’s sharp increase. The benchmark Philippine Stock Exchange index shed 1.02 percent or 65.34 points to cap off the week at 6,333.26. “The PSEi ended lower, testing the 6,300 support level, reflecting cautious market positioning,” Luis Limlingan of Regina Capital said. Market breadth was negative as decliners squashed decliners, 119 to 86, while 59 issues did not change hands.


Source: Philippine Star January 23, 2026 16:33 UTC



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