PSEi snaps four-day losing streak | ANC

0
15

PSEi snaps four-day losing streak | ANC

May 22, 2026 • CNN Philippines

The Philippine Stock Exchange index (PSEi) ended its four-day losing streak Wednesday, buoyed by investor optimism over signs of de-escalation in Middle East tensions. The benchmark climbed 1.12 percent, or 72.45 points, to close at 6,512.38, while the broader All Shares index gained 0.89 percent to 3,478.21.

Trading volume reached 1.82 billion shares valued at P8.9 billion. Most sectors advanced, led by financials, industrials, and holding firms. Property and mining and oil shares also posted gains, while services ended slightly lower.

Analysts said easing geopolitical concerns reduced risk aversion, encouraging bargain hunting after recent declines triggered by higher global oil prices and regional uncertainty. The market had shed nearly 3 percent over the previous four sessions amid worries over supply disruptions.

Foreign investors turned net buyers, recording P412 million in inflows. Despite the rebound, analysts cautioned that sentiment remains fragile and will hinge on further developments in the Middle East and upcoming local economic data, including inflation and remittances figures due next week.

Watch the full video below:

Site içinde arama yapın
Kategoriler
Read More
Breaking News Analysis
Israeli media report navy intercepts Gaza-bound flotilla near Cyprus
Israeli media report navy intercepts Gaza-bound flotilla near Cyprus Israeli Navy Strikes Again:...
By Jessica 2026-05-18 08:58:50 0 50
Breaking News Analysis
BRICS meeting overshadowed by war on Iran
BRICS meeting overshadowed by war on Iran BRICS Summit Stunned: US-Israeli War on Iran Hijacks...
By Jessica 2026-05-14 13:59:34 0 48
Breaking News Analysis
Debate: Should Trump reveal Israel's nuclear arsenal?
Debate: Should Trump reveal Israel's nuclear arsenal? Trump Faces Explosive Call to End Israel's...
By Jessica 2026-05-10 23:54:01 0 102
Investigative Journalism
Toxic Toll: 79 Children Scarred by Tear Gas in Trump’s Border Assault
Toxic Toll: 79 Children Scarred by Tear Gas in Trump’s Border Assault By Irina Volkov,...
By Irina 2026-05-07 19:47:27 0 855
Breaking News Analysis
IRS ‘forever’ barred from investigating Trump's past taxes: CNN reacts
IRS ‘forever’ barred from investigating Trump's past taxes: CNN reacts IRS Forever...
By Jessica 2026-05-20 14:53:25 0 48