PSEi rises 0.19% reclaiming the 6,400 level - Mining & Oil leads; JGS, ICT, PNB in focus (Feb 20, 2026)
The PSEi rose 0.19% to 6,407.15 with P186.77M net foreign selling. Mining & Oil surged 3.76% (led by FNI) while Property lagged, as global markets showed mixed signals.
Market Snapshot
Market & Dividend Calendar
Sources: Investing.com, PSE Edge
BSP Cut Rates by 25bps PSEi reclaims 6,400 as a show of confidence; Mining Sector Soars
The Philippine Stock Exchange Index (PSEi) concluded Thursday's session with a slightly decent gain, finishing at 6,407. This 0.19% move ahead of the BSP cut is a show of confidence from investors.
The Philippine peso remained steady against the dollar, closing at 57.89 per US dollar. Trading activity remained focused on mining and oil names giving the sector a 3.76% gain this recent trading session.
Index and Sectors
PSEi 1-Year Chart
The PSEi is currently consolidating around its short-term moving averages. Price at 6,407.15 is below the 10d SMA (6,412.18) but above the 20d SMA (6,370.73), with the 10d SMA trading above the 20d SMA. The medium-term trend remains an uptrend, as price is above the 50d SMA (6,246.74) and the 20d SMA is above the 50d SMA. The RSI(14) is 56.0109, indicating bullish momentum as it is above 50 and above its 20-day MA (54.6136). Both RSI and RSI-MA are flattening.
PSE Heatmap
The market ended with a positive breadth, showing broad green in Mining and Oil and Energy Minerals, which largely offset notable red in Property and Finance. SCC posted a significant gain of +13.53% and DMC rose by +9.41%, contrasting with ALI's decline of -1.19%. This highlighted strong clustering of gains in resource-related sectors while Property experienced widespread selling.
Daily Movers
Highly Viewed Disclosures
Global Markets & Macro
Hawkish Fed Outlook Drags US, European Equities; Asia Finds Footing
Global equities saw a mixed session as a hawkish Federal Reserve outlook on sticky inflation weighed on major markets. US indices retreated, with the Dow Jones slipping 0.54% and the Nasdaq 100 down 0.41%. European markets also fell, led by the DAX (Germany)'s 0.93% decline. Conversely, Asia showed resilience as the Nikkei gained 0.57% and the Hang Seng rose 0.52%. The Russell 2000 also edged up 0.24%, while the VIX climbed 3.11% to 20.23, reflecting increased market caution.
Commodities Mostly Lower as Natural Gas (Henry Hub) Weaken
Advancers (2) outpaced decliners (2). Oil (WTI) led with a 2.12% move, while Natural Gas (Henry Hub) lagged at -2.86%. Recent focus: Stocks Fall, Oil Climbs With Geopolitics in Focus: Markets Wrap.
Gold Climbs to $5,021, Silver Outperforms with Strong Gains
Gold advanced 0.69% to $5,021.00 USD/oz, pushing further into record territory. Silver outpaced its yellow counterpart, surging 1.10% to $78.36 USD/oz. The broader precious metals complex showed robust demand, with silver demonstrating stronger percentage gains in the session.
Global Indices & Commodities
Stocks in Focus
Price at ₱29.00 indicates a strong short-term uptrend above the 10d SMA (₱28.05) and 20d SMA (₱27.72), extending into a robust medium-term uptrend above the 50d SMA (₱25.36). RSI(14) at 64.37 confirms bullish momentum, above its 20-period moving average at 62.36 with both lines sloping up on above-average green volume (RVol 2.22). A breakout above resistance at ₱29.92 could target ₱30.84, with invalidation set below the 10d SMA at ₱28.05.
Price at ₱670.00 is in a short-term uptrend above the 10d SMA (₱664.0) and 20d SMA (₱650.7), extending its medium-term uptrend above the 50d SMA (₱615.6). RSI(14) at 59.67 shows bullish momentum above its flattening 20-period MA at 57.71, despite recent dry volume (RVol 0.45). Look for entries near S1 at ₱669.70 for a move towards the ₱980.88 medium-term target, invalidating below 20d SMA (₱650.7).
Price at ₱62.00 is transitioning short-term, sitting between the 10d SMA at ₱62.36 and 20d SMA at ₱61.84, yet maintains a clear medium-term uptrend above the 50d SMA at ₱57.93. Momentum remains bullish with RSI(14) at 56.03, holding above its RSI-MA(20) at 53.64, although both lines appear to be flattening with very low volume, RVol 0.39. A move above R1 at ₱62.33 could signal a rally towards the ₱71.00 medium-term target; a close below the ₱61.84 S1 invalidates this view.
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