PSEi slides ahead of GDP data

The Philippine Stock Exchange index (PSEi) ended the week lower on Friday as investors took a cautious stance ahead of the release next week of the country’s fourth-quarter and full-year 2025 gross domestic product (GDP) data.

The PSEi fell by 1.02 percent or 65.34 points to close at 6,333.26. The benchmark index extended losses amid subdued trading activity, according to Philstocks Financial, Inc.

Philstocks’ financial research manager Japhet Tantiangco said foreign investors were net sellers during the session. They recorded net outflows of P574.16 million, which contributed to the market’s decline.

Trading was thin, with net value turnover reaching only P5.17 billion. This was well below the year-to-date average of P6.04 billion, reflecting investors’ wait-and-see stance.

Sector performance was broadly negative. Only the mining sector is posting gains. It rose by 2.76 percent.

All other sectors closed in the red, led by the banking sector. It declined by 1.16 percent.

Market breadth was negative, as losers outnumbered gainers, 119 to 86. This underscored the cautious mood in the market.

Among index heavyweights, JG Summit Holdings, Inc. emerged as the day’s top index gainer. It climbed 2.97 percent to P27.75.

Meanwhile, ACEN Corp. was the main index laggard. It slid by 3.62 percent to P2.93.

Philstocks said the local market’s pullback reflected investor caution as participants awaited fresh economic cues that could shape near-term market direction.