Profit taking snaps market’s three-day runThe bellwether Philippine Stock Exchange index (PSEi) slipped by 0.17 percent or 11.2 points to finish yesterday’s session at 6,408.76. MANILA, Philippines — The local stock market took a breather following a three-day rally, but still managed to stay above the 6,400 territory. The bellwether Philippine Stock Exchange index (PSEi) slipped by 0.17 percent or 11.2 points to finish yesterday’s session at 6,408.76. Analysts attributed the decline to profit taking, with investors waiting for fresh leads. RCBC chief economist Michael Ricafort said that yesterday’s correction was considered a healthy profit taking after the PSEi advanced for three straight trading days.

Source: Philippine Star January 13, 2026 16:36 UTC