Investors’ concerns about the depreciation of the Philippine peso against the US dollar again resulted in the decline of the Philippine Stock Exchange index on Monday (Oct. 27, 2025). The local currency weakened further against the US dollar, amidst opening sideways for the week. (PNA file graphics)
Investor caution and a weaker peso drove Philippine shares lower on Monday, with the Philippine Stock Exchange index (PSEi) closing below the 6,000 mark once again.
The benchmark index slipped 0.91 percent, or 54.60 points, to finish at 5,933.76, while the broader All Shares index shed 0.73 percent to end at 3,581.73.
All sectoral indices finished in negative territory, led by Mining and Oil, which tumbled 2.87 percent. Services followed with a 1.25 percent decline, while Financials fell 1.08 percent. Industrial dropped 0.79 percent, Property lost 0.76 percent, and Holding Firms slid 0.54 percent.
Market activity reached 11.82 billion shares valued at PHP18.77 billion, with decliners (131) overwhelming advancers (55), while 59 issues were unchanged.
Philstocks Financial Inc. attributed the downturn to renewed risk aversion among investors, driven by concerns over corruption issues the government has vowed to address and lingering uncertainty about the country’s economic growth prospects.
“The peso’s continued depreciation against the US dollar also weighed on sentiment,” the brokerage said.
The peso weakened further, closing at 58.90 to the US dollar from Friday’s 58.62. It opened at 58.60 and traded within the 58.50 to 58.92 range, averaging 58.68 for the day.
Dollar turnover rose to $1.6 billion, up from $1.4 billion in the previous session.