PSE Index Squeaks In Small Gain Amidst Volatile Run

The Philippine Stock Exchange (PSE) index posted a muted gain Monday in a volatile session that saw it come within 14 points of another milestone level before closing at its lowest point.

The Philippine Stock Exchange (PSE) Index, March 3, 2025

It ended at 6,037.19 points, up by 39.22 points or 0.65 percent, but still higher overall.

Except for the industrial sector, which lost 0.74 percent, and services, which declined by 1.38 percent, all other sub-indices were up. Holding firms led the gains, driven by a 2.90 percent rise in market bellwether SM Investments, following the disclosure of a ₱60 billion buyback.

Financials gained 0.30 percent, mining and oil rose by 1.15 percent, and property increased by 0.93 percent.

Value turnover amounted to ₱10.45 billion, higher by ₱4 billion than the average trading volume—the same amount as the block sales transacted in the market. Philippine Airlines accounted for ₱1.77 billion in block trades, followed by ICTSI with ₱629 million and Bank of the Philippine Islands (BPI) with ₱303 million.

Foreign buying amounted to ₱6.377 billion, while foreign selling reached ₱6.084 billion, resulting in a net foreign buying of ₱293 million.

There were 75 gainers against 120 losers, with 55 shares unchanged. The market opened at 6,045.57 points, climbed to a high of 6,087.10 points, and then dropped to its lowest at closing.

SM Investments mirrored this trading pattern, hitting a high of ₱822.50 before closing at ₱808, up by ₱43 or 5.62 percent.

Among the gainers were BPI, JG Summit, Filinvest REIT, PNB, National Reinsurance, Robinsons Retail, Bloomberry, EastWest Bank, Security Bank, Metrobank, Meralco, Petron, Synergy Grid, SPNEC, Jollibee Foods, AgriNurture, DMCI Holdings, Ayala Corp., Alliance Global, LT Group, Robinsons Land, DoubleDragon, SM Prime, PLDT, Converge, Dito CME, Apex Mining, Citicore REIT, and Philex Mining.

The losers included BDO Unibank—the most actively traded stock with ₱672 million in transactions—along with Emperador, ICTSI, Ayala Land, DigiPlus, Union Bank, ACEN Corp., Alternergy, AboitizPower, First Gen, Citicore REIT, Shell Pilipinas, and D&L Industries.

Also in the red were Figaro Coffee, Ginebra, Keepers Holdings, Monde Nissin, CEMEX Holdings, AbaCore, Megawide, Aboitiz Equity Ventures, AREIT, VistaREIT, ABS-CBN, GMA-7, Globe Telecom, Cebu Air, Belle Corp., Puregold, PhilSeven Corp., Atlas Mining, Nickel Asia, and OceanaGold.

Unchanged stocks included Universal Robina, Vitarich, Wilcon Depot, Basic Energy, Cebu Landmasters, Shakey’s Pizza, Megaworld, Vista Land, and Boulevard Holdings.