Conglomerates, Four Other Sectors Decline, Pushing PSE Index Below Milestone Level

Market bellwether SM Investments and other conglomerates posted declines along with four other sub-indices, pushing the Philippine Stock Exchange (PSE) index below a milestone level to close at 6,379.75 points, down by 33.43 points or 0.52 percent.

The Philippine Stock Exchange (PSE) Index, July 28, 2025

Gaming stock DigiPlus, however, recorded the biggest gain, lifting the services sub-index by 1.52 percent.

DigiPlus surged by a hefty ₱5.10 or 18.89 percent to end the day at ₱32.10, emerging as the most actively traded stock with transactions amounting to ₱1.76 billion. Other gaming stocks such as Bloomberry, PhilWeb, and Belle Corp. also posted gains.

Another gainer in the services sector was port giant ICTSI, which had the second-highest trade value at ₱688 million. ICTSI rose by ₱6 or 1.30 percent to close at ₱466.

The financials sector declined by 0.66 percent; industrials, by 0.57 percent; holding firms, by 0.63 percent; while mining and oil and property retreated by 1.69 percent and 0.81 percent, respectively.

Total value turnover reached ₱6.6 billion, with foreign trades accounting for ₱5 billion. Net foreign selling amounted to ₱155 million, with foreign buying at ₱2.45 billion versus foreign selling of ₱2.613 billion.

The market hit a low of 6,340.51 points before recovering by the close. It opened 2 points higher than Friday’s close and peaked at 6,417.43 points before slipping as trading progressed.

There were 90 gainers, 108 losers, and 48 unchanged issues, including Meralco, Century Pacific Food, Cebu Air, Boulevard Holdings, OceanaGold, and PXP Energy.

Among the gainers were Citystate Savings, Topline, Manulife, Alternergy, PNB, Dito CME, Manila Water, SPNEC, San Miguel Food and Beverage, Emperador, Vitarich, Ginebra, Converge ICT, Megawide, JG Summit, LT Group, Megaworld, MREIT, Robinsons Land, ABS-CBN, GMA Network, Globe Telecom, Philodrill, Security Bank, and Figaro Coffee.

Among the losers were BDO Unibank, Bank of the Philippine Islands, Jollibee Foods, SM Prime, Ayala Land, Apex Mining, China Bank, Metrobank, Union Bank, PSE, ACEN Corp., Aboitiz Power, Basic Energy, Semirara Mining, First Gen, Synergy Grid, Petron, Keepers Holdings, Monde Nissin, Shell Pilipinas, D&L Industries, Greenergy, Integrated Micro-Electronics, Alliance Global, DoubleDragon, PLDT, Vista Land, VistaREIT, Puregold, Wilcon Depot, Philex Mining, and Atlas Mining.