Philippine stock index falls 1% to 6,062.81

The Philippine Stock Exchange Index (PSEi) closed at 6,062.81 on Monday, June 22, 2026, marking a 1% decline from the previous session. This drop brought the index below the 6,100 level for the first time in several weeks, reflecting ongoing investor caution amid global economic uncertainties and domestic concerns. The broader All Shares index also fell, ending at 3,380.77, down 0.37%.

The selloff was driven by strong foreign outflows and a lack of positive catalysts, with net foreign selling reaching PHP 405.93 million on Monday. The peso weakened against the U.S. dollar, closing at PHP 58.145, its weakest level in two months.

Sectoral performance was mixed, with the Mining and Oil index rising sharply by 3.76%, while the Services and Financials sectors declined. The market ended with more decliners than advancers, 106 to 100, with 58 stocks unchanged.

Investors remain cautious ahead of potential U.S. government shutdowns and the delayed release of key economic data, which could impact market sentiment in the coming weeks.