Manila: For the second consecutive trading day, the Philippine Stock Exchange index (PSEi) finished flat on mixed sentiments among investors, and the Philippine peso sustained its sideways close against the greenback. The main stocks gauge slipped 0.07 percent to 6,089.53 points, and the All Shares declined by 0.19 percent to 3,665.08 points.

According to Philippines News Agency, most of the sectoral counters also ended in the red, led by the Property sector, which went down by 1.09 percent. It was followed by the Mining and Oil sector, which decreased by 0.95 percent, and the Industrial sector, which fell by 0.30 percent. The Holding Firms sector showed minimal movement, declining by only 0.007 percent. Conversely, the Services sector rose by 0.37 percent, and the Financials sector increased by 0.10 percent.

The trading volume reached 1.33 billion shares, amounting to PHP4.42 billion. Decliners outnumbered advancers at 109 to 83, with 56 shares remaining unchanged. Luis Limlingan, Regina Capital Development Corporation head of sales, mentioned that the local bourse 'remained relatively flat for the second consecutive day despite the PHP (Philippine peso) stabilizing against the USD (US dollar).' He noted that mixed sentiments, ahead of the upcoming earnings season, likely kept the index moving sideways as investors await more earnings reports in the coming weeks. Investors also remained cautious amid ongoing US-China trade tensions and uncertainty over the broader economic outlook.

Additionally, the local currency ended the trade with little change against the greenback, closing at 58.16 from the previous day's 58.12. It opened the day at 58.02 and traded between 58.22 and 58.00, with an average of 58.11 for the day. The trading volume decreased to USD1.43 billion from the previous day's USD1.69 billion.