PSE Index Declines Further

The Philippine Stock Exchange (PSE) index continued its downward trend Tuesday, closing 31.81 points lower, or 0.52 percent, at 6,064.16 points.

The Philippine Stock Exchange (PSE) Index, February 25, 2025

Market bellwether SM Investments dropped by P6 to P774, dragging down other conglomerates, including GT Capital, LT Group, Ayala Corp., Aboitiz Equity, and JG Summit.

This resulted in a significant loss for holding firms, which retreated by 1.58 percent.

Other declining sectors included industrials, down 0.34 percent; services, down 0.38 percent; and mining and oil, which dropped 0.89 percent. Meanwhile, the financial and property sectors gained 0.06 percent and 0.89 percent, respectively.

Net foreign selling reached P563 million, with foreign buying at P2.647 billion and foreign selling at P3.211 billion.

Total trades amounted to P5.16 billion. The session recorded 63 gainers, 125 losers, and 57 unchanged stocks.

Among the gainers were BDO Unibank, Globe Telecom, SM Prime, Jollibee Foods, Ginebra, Petron, Integrated Micro, San Miguel, DoubleDragon, VistaREIT, Synergy Grid, Atlas Mining, PhilWeb, Century Food, PetroEnergy, Cebu Landmasters, Haus Talk, Philex Mining, and OceanaGold.

The biggest losers included DigiPlus, ICTSI, Metrobank, Bank of the Philippine Islands (BPI), Security Bank, Union Bank, Universal Robina, Aboitiz Power, PNB, Meralco, Manila Water, Semirara Mining, Shell Pilipinas, Vitarich, Monde Nissin, Figaro Coffee, AbaCore, AREIT, MREIT, Filinvest Land, Nickel Asia, Bloomberry, Robinsons Land, Cebu Air, Dito CME, Converge, Vista Land, Megaworld, and PLDT.

Stocks that remained unchanged included Ayala Land, Citystate Savings, Alternergy, Axelum, Citicore REIT, Belle Corp., MRC Allied, GMA-7, SPNEC, Rockwell, Emperador, and Filinvest REIT.