Market Rout: PSEi Plummets 2.08% as Q4 GDP Slump Spooks Investors

The Philippine Stock Exchange (PSEi) suffered a heavy blow on Thursday, January 29, 2026, as the local market bucked a relatively stable global trend to stage a dramatic sell-off. The benchmark index plunged 2.08 percent (or 132.42 points), closing at 6,223.36.