Stocks tumble as investors see weak growthThe benchmark Philippine Stock Exchange index (PSEi) shed 0.94 percent or 59.39 points to end yesterday’s session at 6,273.87. MANILA, Philippines — The local stock market opened the week in negative territory as investors decided to stay on the sidelines while waiting for the upcoming gross domestic product (GDP) growth announcement later this week. The benchmark Philippine Stock Exchange index (PSEi) shed 0.94 percent or 59.39 points to end yesterday’s session at 6,273.87. The broader All Shares index likewise declined by 0.52 percent or 18.88 points, settling at 3,580.43. Ricafort said investors are expecting a relatively weaker expansion due to slower government spending amid the anomalous flood control projects.
Source: Philippine Star January 26, 2026 16:44 UTC