PSE Index Balloons To A Huge Gain

The Philippine Stock Exchange (PSE) surged to a significant gain Wednesday, with all sub-indices posting healthy increases.

The Philippine Stock Exchange (PSE) Index, February 5, 2025

The index climbed 192.02 points, or 3.15 percent, to reach 6,281.08, surpassing two milestone levels.

Market bellwether SM Investments led the upswing in the holding firms sector, rising 5.6 percent to ₱830, an increase of ₱44. Other holding firms also posted significant gains: JG Summit rose 3.13 percent, GT Capital increased 3.58 percent, and Aboitiz Equity gained 3.11 percent.

The property sector surged 4.81 percent, driven by a 7.22 percent gain in SM Prime, which emerged as the most actively traded stock with ₱972 million in transactions, and a 5.28 percent increase in Ayala Land.

The financial sector rose 1.69 percent, industrial gained 2.53 percent, services advanced 2.19 percent, and mining & oil increased 2.39 percent.

Foreign investors were net buyers, recording a ₱324 million surplus, with foreign buying amounting to ₱3.939 billion against foreign selling of ₱3.615 billion. Total trades reached ₱7.5 billion, with 127 gainers, 68 losers, and 50 unchanged stocks.

Among the gainers were ICTSI, BDO Unibank, DigiPlus, Jollibee Foods, Metrobank, Bank of PI, ABS-CBN, and Monde Nissin.

Meralco, Manila Water, Aboitiz Power, SPNEC, Semirara Mining, Universal Robina, PLDT, Globe Telecom, Ayala Corp, San Miguel, LT Group, Converge, Dito CME, Megaworld, and DoubleDragon closed out the list of stocks that ended the day up.

The losers included China Bank, Citicore REIT, First Gen, SMC Food and Beverage, Megawide, Century Properties, Cebu Air, Belle Corp, GMA-7, Victorias Milling, and Century Pacific Food.

Unchanged stocks included ACEN Corp, Basic Energy, Axelum, Figaro Coffee, Vista Land, and AREIT.