Philippine Stocks Decline 1.7% In Morning Trading

Dow Jones03-23

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

Stocks in the Philippines fell during early trading Monday, as the PSEi Index fell 1.7% to 5917.50.

Among local companies with a market cap of at least 50 billion Philippine pesos ($831.1 million), Philex Mining is the biggest early laggard, plunging 7.6%, followed by shares of Apex Mining, which tumbled 7.6%. Shares of OceanaGold Philippines tumbled 6.8%.

Manila Electric is the biggest leader this morning, rising 0.7%.

The dollar weakened 0.4% against the peso to 60.17 pesos.

In the bond markets, the 10-year Philippine government bond yield held steady at 6.950%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

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

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