PSE Index Recovers

The Philippine Stock Exchange (PSE) index recovered lost ground Tuesday amid the U.S. tariff issue, closing at its highest level and reclaiming two milestone levels at 6,006.34 points—up by 183.49 points or 3.15 percent.

The Philippine Stock Exchange (PSE) Index, April 8, 2025

The Services sector posted the biggest gain, rising by 5.51 percent, followed by Financials, up 4.04 percent, and Industrials, up 3.17 percent. Holding Firms rose by 1.11 percent, while Mining and Oil gained 1.80 percent.

Property increased slightly by 0.23 percent.

Total turnover reached ₱6.3 billion, with foreign buying amounting to ₱3.236 billion versus foreign selling of ₱3.663 billion, resulting in net foreign selling of ₱427 million. Topline, the newest IPO, ran into market uncertainty and closed at ₱0.30, down one centavo. There were 127 gainers, 75 losers, and 60 unchanged shares.

BDO Unibank was the most active stock, with a total value of ₱805 million, rising by 6.04 percent to ₱158, up by ₱9. Market bellwether SM Investments rose by ₱4 to ₱750.

Among the gainers were ICTSI, PLDT, Jollibee Foods, Metrobank, Abacore, SM Prime, Union Bank, Security Bank, ACEN Corp, Bank of the Philippine Islands, PNB, Citicore REIT, Meralco, Manila Water, Axelum, AgriNurture, Figaro Coffee, JG Summit, Monde Nissin, Bloomberry, Wilcon Depot, DigiPlus, PhilWeb, Apex Mining, OceanaGold, Nickel Asia, GMA-7, and ABS-CBN.

Among the losers were LT Group, Vista Land, VistaREIT, Synergy Grid, National Reinsurance, First Gen, Megawide, DMC Holdings, Century Properties, Belle Corp, Puregold, and Philodrill.

Unchanged stocks included Ayala Land, Alternergy, D&L Industries, Ginebra, Converge, Cebu Landmasters, Megaworld, Robinsons Land, and Shang Properties.