Philippine shares snapped a three-day losing streak on Tuesday, March 17, 2026, as investors engaged in bargain hunting. The benchmark Philippine Stock Exchange index (PSEi) closed at 6,850.12, gaining 0.85% or 57.69 points. The broader All Shares index also rose by 0.62%.
Market analysts attributed the rebound to selective buying of recently battered stocks, with the property and industrial sectors leading the gains. However, trading volume remained relatively thin, indicating persistent caution among investors.
The advance was capped by ongoing concerns over the future path of domestic interest rates, following recent statements from the Bangko Sentral ng Pilipinas (BSP) highlighting vigilance against inflation risks. Geopolitical tensions and their potential impact on global oil prices and supply chains also continued to weigh on market sentiment.
Foreign investors were net sellers for the session, with net foreign selling amounting to 457.96 million pesos. The Philippine peso closed slightly weaker at 56.15 against the US dollar.
