Philstar
Shares extend losses amid weak peso, corruption woes
Share prices continued their slide on Friday, September 26, 2025, extending their losing streak to five straight days amid persisting uncertainties due to ongoing corruption allegations involving flood control projects.
The benchmark Philippine Stock Exchange index (PSEi) slipped by 0.25 percent or 15.16 points to end at 6,027.12.
The broader All Shares index declined by 0.24 percent or 8.7 points to close at 3,644.80.
Dismay over the Philippines flood control projects' corruption issues continued to dampen sentiment, with negative cues from Wall Street and the depreciation of the peso below the 58 level against the dollar also contributing to the drop.
Sectoral gauges were mixed, with mining and oil leading those in the green with a 0.71 percent jump, while property recorded the biggest drop at 1.55 percent.
Total value turnover thinned to P5.46 billion from the previous day's P6.97 billion, and market breadth remained negative as decliners crushed advancers, 110 to 82.
🤖
This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.
News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
Philippine stocks declined on Thursday, with the PSEi falling 1.08% to 6,042.28, as political noise over corruption allegations and a weakening peso rattled investor sentiment.
Read more →
The Philippine peso fell to its lowest level in nearly two months, closing at 58.10 against the US dollar on Thursday, influenced by corruption allegations in government flood control projects and political unease.
Read more →