Stocks tumble as investors cash inThe bellwether Philippine Stock Exchange index slipped by 0.35 percent or 22.86 points to close the week at 6,464.67. MANILA, Philippines — Local stocks tumbled as investors pocketed gains following a sharp increase the previous day. The bellwether Philippine Stock Exchange index slipped by 0.35 percent or 22.86 points to close the week at 6,464.67. The Bangko Sentral ng Pilipinas reported on Thursday that cash remittances posted a 3.6-percent increase to $2.91 billion in November from $2.81 billion in the same month in 2024. Trading stayed active as total value turnover reached P7.25 billion, almost unchanged from the previous day’s P7.30 billion.

Source: Philippine Star January 16, 2026 16:32 UTC