01/06/2026
FirstMetroSec Philippine Market Wrap-up | June 1, 2026 (Monday)
PHILIPPINES
PSEi 5,799.32 (+30.56 pts; +0.5300%); Val T/O: P7.133 Bn; $115.628 Mn; (ex-block)
First Metro Sec After the Bell – [June Starts Green]
The local bourse managed a modest rebound to open June, with the PSEI closing higher at 5,799.32 (+0.53%) as bargain hunters stepped in following last week’s rebalancing-driven selloff. Support from Wall Street’s record close and an easing of Middle East tensions helped steady sentiment, though recovery remained highly selective. Much of the advance was driven by Services (+2.47%) on strong gains from ICT (+3.65%) and JFC (+2.92%), offsetting continued weakness in several blue chips, notably CNVRG (-6.55%) and JGS (-6.09%). Turnover came in at a healthy Php 7.13-Bn despite a Php 1.14-Bn net foreign outflow that suggests offshore investors remain firmly in de-risking mode.
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