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Track up to 10 stocks. Look for the + next to any ticker to add it to your Radar.
PSEi managed +0.99% to 6,150 despite S&P cutting the Philippines outlook to stable (from positive) on Iran war exposure, and the peso still stuck at 59.65. The real story is fundamentals showing through: Maynilad posted ₱15.2B net income (+19%), Meralco hiked rates ₱0.53/kWh on a weak peso, and @itradeph's flow data shows foreign buyers rotating into ICT, TEL, MBT, AC, AEV while selling BPI, BDO, URC — rotation within a weak tape, not capitulation.
PSEi up nearly 1% with quality names posting strong earnings (MYNLD +19%, ACEN guidance up) and foreign buyers rotating rather than exiting — that's constructive. But S&P cut the outlook, USD/PHP is stuck at 59.65, Meralco rates are rising, and Hormuz remains effectively closed for PH oil imports. The bottom-up stories work; the macro doesn't.
Summarized from curated market feeds
CSB had 377.7x normal volume while foreigners reversed from buying to selling
Recent foreign flow: -₱12K vs prior: ₱3K. Last close: ₱15.98.
Market breadth was mixed with 100 advancing vs 98 declining. Foreigners were net buyers of ₱27.6M today.