PSEi slips for second day as peso weakens further, July 14, 2026

Philippine financial markets remained under pressure on Tuesday as stocks extended their pullback while the peso fell to its weakest level in nearly two weeks.

Philippine financial markets ended lower for a second straight trading day on Tuesday, July 14, 2026, as both the stock market and the peso continued to retreat from last week’s gains.

The Philippine Stock Exchange index (PSEi) dropped 9.70 points, or 0.16%, to close at 6,256.02, extending its modest decline after last week’s rally. Despite the slip, the index remained above the 6,200 level, suggesting the market continued to hold on to much of the gains from its recent surge.

Peso extends losses

The Philippine peso also weakened, dropping 11 centavos to close at ₱61.71 against the US dollar and extending its decline to a second consecutive trading day.

The local currency reached an intraday high of ₱61.73, around 8 centavos weaker than the previous session’s peak. The latest finish marked the peso’s weakest close in nearly two weeks, reflecting renewed pressure on the local currency after its brief recovery earlier this month.

Tuesday’s session showed that while local equities have largely preserved the gains from their recent rebound, the peso continues to face headwinds. With both indicators closing lower for a second straight day, investors remain cautious as they monitor domestic and global economic developments.

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