PSEi slips as peso gives up gains to start the week, July 13, 2026

Philippine financial markets started the week on a softer note as stocks recovered from last week’s rally while the peso erased its previous session’s recovery.

Philippine financial markets opened the trading week with modest losses on Monday, July 13, 2026, as both the stock market and the peso retreated after ending the previous week on stronger footing.

The Philippine Stock Exchange index (PSEi) fell 20.98 points, or 0.33%, to close at 6,265.72, giving up a small portion of Friday’s gains after reaching its highest close this month. Despite the decline, the index remained comfortably above the 6,200 level, suggesting that local equities continued to hold on to much of the recovery built over recent weeks.

Peso erases recovery

The Philippine peso also weakened, losing more than 8 centavos to close at ₱61.599 against the US dollar, surrendering the gains it recorded in the previous trading session.

The peso reached an intraday high of ₱61.65 before settling at its closing rate, about 5 centavos weaker than Friday’s peak. The latest finish kept the peso in the ₱61 territory, reflecting continued pressure on the currency despite its recent attempts to recover.

While both the PSEi and the peso ended lower, the stock index remained well above key support levels, indicating that investor sentiment has largely held up even as the peso continues to face headwinds.

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