Philippine Stocks Gain 0.6% In Early Trading

Dow Jones03-24

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in the Philippines rose during early trading Tuesday, as the PSEi Index added 0.6% to 5935.73.

Among local companies with a market cap of at least 50 billion Philippine pesos ($834.3 million), OceanaGold Philippines is the biggest leader this morning, surging 6.8%, and Nickel Asia surged 5.2%. Converge ICT Solns rounds out the top three movers, as shares increased 4.8%.

Rizal Commercial Banking is the biggest early laggard, declining 2.1%, followed by shares of China Banking, which declined 1.6%. Shares of Monde Nissin fell 1.5%.

The dollar weakened 0.6% against the peso to 59.93 pesos.

In the bond markets, the 10-year Philippine government bond yield increased 2 basis points to 7.200%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 23, 2026 22:01 ET (02:01 GMT)

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