Bargain Hunting Shores Up PSE Index

The Philippine Stock Exchange index (PSEi) closed slightly higher on bargain hunting, gaining 23.99 points or 0.39% to finish at 6,106.92 on Thursday.

The Philippine Stock Exchange (PSE) Index, September 4, 2025.

Market sentiment, however, remained weighed down by concerns over the Konektadong Pinoy Act, with foreign investors still net sellers and value turnover dropping 25% below the trading average to ₱4.79 billion.

All sectoral indices ended in the green, led by Mining and Oil and Property, which both rose 1.08%. Services advanced 0.78%, Financials 0.27%, Holding Firms 0.10%, and Industrials 0.06%.

Telcos provided a lift, with Globe Telecom climbing 3.68% to ₱1,576 and PLDT rising 1.69% to ₱1,140.

Index heavyweight SM Investments edged up 0.33% to ₱758.50. On the downside, gaming stocks weakened, with DigiPlus losing 2.01% to ₱21.90 and Bloomberry slipping 0.33% to ₱3.04.

Among the gainers were Ayala Land, SM Prime, ACEN Corp., Apex Mining, PhilWeb, Ayala Corp., and OceanaGold. Decliners included Bank of the Philippine Islands, Jollibee Foods, and Philex Mining, while Atlas Mining and Basic Energy were unchanged.