The Philippine Stock Exchange Index (PSEi) closed the final trading day of January 2026 at 6,328.97, gaining 105.61 points or 1.70%, partially recovering from the 2.08% decline in the previous session.
From a long-term perspective, the PSEi remains bullish, holding above its 200-day simple moving average. However, the index must decisively break the psychological resistance near 6,330, ideally supported by volume exceeding 100% of its 10-day average, to confirm the continuation of upward momentum toward the next major resistance around 6,480.
Foreign accounts accounted for 54% of the ₱13.49-billion total turnover, resulting in net foreign buying of ₱60 million.
Sectoral performance was broadly positive, with all indices closing higher except Mining and Oil, which declined by 1.03%. Gains were led by the Financials sector, which advanced 4.23%. Despite the index closing higher, market breadth continues to signal choppy conditions, suggesting selective participation rather than broad-based conviction.
