Conglomerates Push PSE Index

Conglomerates pushed up The Philippine Stock Exchange (PSE) index Wednesday as foreign investors played a big role in picking up big-ticket shares, resulting in a 35.24-point, or 0.56 percent, rise to 6,325.09 points.

The Philippine Stock Exchange (PSE) Index, August 13, 2025

With market bellwether SM Investments up 1.14 percent to ₱799, gaining 2.69 percent on trades worth ₱815 million — the third most active — foreign investors concentrated on other holding firms, lifting the sector by 1.48 percent, the biggest gain among conglomerates.

Ayala Corp., Cosco Capital, GT Capital, and DMCI Holdings also rose as foreign investors were net buyers to the tune of ₱973 million.

Financials also gained 1.12 percent, industrials were up 0.13 percent, and property advanced 0.41 percent.

Services slipped as gaming stock DigiPlus slumped 3.23 percent and ICTSI lost ₱4 to ₱490, with trades worth ₱1.1 billion, the second most active. Mining and oil was the other losing sector, down 0.17 percent as top miner Philex Mining declined.

Value turnover hit ₱10.6 billion in a session that saw the index drop to a low of 6,286.68 points. Foreign buying amounted to ₱6.224 billion against foreign selling of ₱5.251 billion.

There were 103 gainers, 91 losers, and 58 unchanged.

Bank of the Philippine Islands emerged as the most active stock with ₱1.53 billion in trades, leading gainers that included BDO Unibank, Puregold, Alliance Global, Manila Water, Meralco, Topline, PSE, Aboitiz Power, Axelum, Monde Nissin, Globe Telecom, Cebu Air, PhilWeb, Robinsons Land, Wilcon Depot, Apex Mining, Atlas Mining, and OceanaGold.

Among the losers were Bloomberry, Metrobank, Converge, Ferronoux, SSI Group, Security Bank, Union Bank, ACEN Corp., First Gen, JG Summit, Universal Robina, PLDT, Belle Corp., Vista Land, VistaREIT, and Nickel Asia.

Those unchanged included AbaCore, Figaro Coffee, AgriNurture, Filinvest Land, Victorias Milling, GMA-7, and Citicore REIT.