PSE Index Edges Higher In Another Volatile Run

The Philippine Stock Exchange (PSE) index rose slightly on another volatile trading day, closing at 6,064.11 points—up 26.92 points or 0.45%.

The Philippine Stock Exchange (PSE) Index, March 4, 2025

Foreign investors resumed selling their stocks, contributing to market fluctuations. Market bellwether SM Investments mirrored overall trading trends, fluctuating between a high of P820 and a low of P806.50 before closing unchanged at P808.

The index reached a high of 6,081.27 points and a low of 6,000.54 before edging up at the close.

Foreign buying totaled P4.008 billion, while foreign selling amounted to P4.224 billion, resulting in a net foreign outflow of P266 million. Overall value turnover stood at P7.08 billion.

Sectoral performance was mixed as Financials rose 1.27%, Industrials gained 0.49%, Services advanced 0.73%, Mining and Oil surged 3.72%, and Holding Firms dipped 0.07%, with Ayala Corp., San Miguel, GT Capital, and DMCI Holdings posting losses, and Property declined 0.12%.

Market breadth was positive, with 107 gainers, 84 losers, and 49 stocks unchanged.

Unchanged at the close were Bank of the Philippine Islands, Basic Energy, ICTSI, Atlas Mining, SPNEC, Ginebra San Miguel, and SM Investments.

Meanwhile, BDO Unibank, Ayala Land, DigiPlus, Universal Robina, China Bank, PNB, Secure Bank, Ferronickel, Vantage Equities, Manila Water, Meralco, First Gen, Axelum, Monde Nissin, and Figaro Coffee finished the day in the green.

CEMEX Holdings, Aboitiz Equity, GMA-7, Megaworld, Megawide, LT Group, Alliance Global, Globe Telecom, PLDT, Wilcon Depot, Apex Mining, Belle Corp., Nickel Asia, Philex Mining, and Apex Mining were also up.

On the losing end were JG Summit, AREIT, Jollibee Foods, Citicore REIT, Aboitiz Power, Semirara Mining, D&L Industries, SM Prime, Bloomberry, Puregold, OceanaGold, and AbaCore.