PSEi posts modest rebound as peso weakens anew on June 18, 2026

The stock market regained some ground after two days of losses, while the local currency gave up part of its recent gains.

Philippine financial markets moved in opposite directions on Thursday, June 18, 2026, as the stock market staged a slight recovery while the peso resumed its decline against the US dollar.

The Philippine Stock Exchange index (PSEi) rose by 38.85 points, or 0.64%, to close at 6,153.66, bouncing back after two consecutive sessions of losses. The latest finish allowed the index to recover some of the ground lost during the previous closes and keep its position above the 6,100 level.

Despite the gain, the index remained below the 6,200 mark reached earlier this week, indicating that the market is still consolidating following its sharp gains on June 15.

Peso weakens after ending rally

Meanwhile, the Philippine peso weakened by nearly 18 centavos to close at ₱60.567 against the US dollar, reversing the previous session’s slight pullback from its recent recovery streak.

The local currency reached an intraday high of ₱60.65, 21 centavos weaker than the previous day’s strongest level. Despite the latest decline, the peso remained significantly stronger than the near-record lows seen earlier this month.

Thursday’s mixed performance showed diverging movements in the financial markets, with the index managing to regain footing while the peso faced pressure after posting one of its strongest stretches in weeks.

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