PSEi recovers +2.01% on temporary easing USOIL prices. Foreign Selling persists (-₱459M) driven by the weak peso (₱59.3/$). (Mar 11, 2026)
PSEi closed at 6,126.66, rising 2.01% in the recent trading session despite net foreign selling of -P459.77M. The Mining And Oil sector led gains (+3.23%), with DHI up 11.72%.
Market Snapshot
Market & Dividend Calendar
Sources: Investing.com, PSE Edge
PSEi surges 2.01% as easing worries fuel broad rally with strong sector gains.
PSEi gains 2.01% to finish at 6,126.66. The Mining And Oil sector led advancers with a 3.23% rise, as market breadth favored gainers at 147 against 58 decliners amid a net foreign outflow of 459.77 million pesos. The peso closed at 59.3 against the US dollar.
Index and Sectors
PSEi 1-Year Chart
The PSEi is in a short-term and medium-term downtrend. Price is significantly below the 10d SMA at 6,418.59, 20d SMA at 6,387.04, and 50d SMA at 6,356.34. The 10d SMA is below the 20d SMA, and the 20d SMA has crossed below the 50d SMA. The RSI is at 38.5651, which is below 50 and below its 20-day MA of 53.0819, with both lines clearly sloping downwards, indicating strong bearish momentum.
PSE Heatmap
Advancers significantly outnumbered decliners, with 147 gainers against 58 losers, indicating widespread positive sentiment. Notable advancers included BDO with a +3.00% move and ICT gaining +3.27%. Sector performance demonstrated predominantly positive clustering across the board, with strong contributions from Mining and Oil and Services, while Property showed more contained positive movement.
Daily Movers
Highly Viewed Disclosures
Global Markets & Macro
Nikkei Leads Global Rally; US Markets Retreat on Geopolitical Risks
Asian and European equities largely shrugged off escalating Mideast tensions and soaring oil prices, which fueled concerns of an energy crunch. Japan's Nikkei surged 2.88%, leading gains as Germany's DAX climbed 2.39% and Hong Kong's Hang Seng rose 2.17%. In contrast, US indices posted modest declines, with the S&P500 slipping 0.21% and the Nasdaq 100 easing 0.04% amidst these geopolitical headwinds. The VIX also dipped 2.24% to 24.93, indicating a slight moderation in overall market fear.
Oil Plummets Seven Percent; Copper, Aluminum Signal Industrial Strength
Oil (WTI) plummeted 7.30% to US$87.85/bbl, a significant retreat that offers a positive outlook for PH import costs. Natural Gas also edged lower, slipping 1.99% to US$3.06/MMBtu. In contrast, key industrial metals rallied, with Copper advancing 2.05% to US$5.92/lb and Aluminum climbing 1.17% to US$3,330.50/mt, signaling resilient global industrial demand.
Gold Surges Over 2%, Silver Leaps Above 5% on Robust Demand
Gold climbed significantly, rising 2.14% to US$5,200.40/oz, signaling robust buying interest in safe-haven assets. This strong upward momentum was mirrored by silver, which surged even more dramatically, jumping 5.51% to US$88.67/oz. The notable gains across precious metals reflect heightened demand, potentially driven by shifts in risk sentiment or real rates.
Global Indices & Commodities
Stocks in Focus
Price closed at ₱26.00, confirming a short-term downtrend as it trades below both the 10d SMA at ₱28.32 and the 20d SMA at ₱27.79. Bearish momentum persists with RSI(14) at 41.61, below its 20-period MA at 55.14, although the black RSI line is clearly rising after testing the 30 support area on dry volume (RVol 0.65). After finding strong support near the 100d SMA (₱24.79), price rallied today but is currently consolidating below the immediate resistance at ₱26.12 and the 50d SMA at ₱26.90. A sustained break above ₱26.12 (R1) could signal a short-term recovery, with an invalidation level just below the ₱24.79 (S1) support for a move towards the ₱31.50 medium-term target.
Price currently finds itself in a medium-term uptrend, trading above its 50d SMA at ₱648.3, though the short-term trend is transitioning as price at ₱710.00 sits between the 10d SMA (₱711.6) and 20d SMA (₱692.6), supported by above average volume with an RVol of 1.34. Momentum is bullish, with RSI(14) at 59.87 rising above its RSI-MA(20) at 56.31, while the RSI-MA maintains a flat trajectory. The stock is consolidating tightly between immediate support at ₱704.33 and resistance at ₱711.65, with today's ₱710.00 close just shy of breaking past this overhead level. Institutional clients should monitor for a clear breakout above the ₱711.65 resistance, targeting the medium-term objective of ₱1,120.82, with invalidation set if price decisively closes below ₱704.33.
Price at ₱57.25 is in a short-term downtrend, trading below the 10-day SMA (₱61.10) and 20-day SMA (₱62.11), and is also below the 50-day SMA (₱60.70), confirming a medium-term downtrend. RSI(14) at 39.81 shows bearish momentum, trading below 50 and its 20-period MA (51.25), with RSI declining and MA flattening, while volume is below average at RVol 0.97. Price is compressing between S1 at ₱56.28 (100-day SMA) and R1 at ₱58.31, after bouncing from this key support. Long consideration requires a sustained hold above ₱56.28, targeting ₱58.31, with invalidation on a close below the 200-day SMA at ₱55.77.
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