PSEi ends week up 2% but Friday profit-taking snaps rally — what Philippine stocks watch next
Philippine equities wrapped up the week with gains as the PSEi rose 2.26% over the stretch ending Feb. 27, though the index faded late, dipping 0.21% on Friday to close at 6,611.24. Foreigners picked up more local stocks than they unloaded, netting approximately 5.07 billion pesos in inflows for the period. Sectorwise, services along with mining and oil posted the strongest advances, according to Philippine Stock Exchange figures.