Philippine Stock Market Plunges into Bear Territory Amid Economic Concerns

By Drift Striker · February 19, 2026

The Philippine Stock Exchange index (PSEi) crashed into bear market territory on Friday, plummeting 4.01% to close at 5,862.59 points. This sharp decline marks a 22.9% drop from its recent peak in October 2024, officially signaling a bear market as defined by a 20% fall from recent highs. Economic Headwinds and Index Rebalancing The dramatic […]