DigiPlus Gains Further As Index Inches Up

Gaming stock DigiPlus continued its upward trend, once again topping the list of most active stocks with trades amounting to P1.08 billion.

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

This helped boost the services sub-sector, which, along with holding firms, nudged The Philippine Stock Exchange (PSE) slightly upward to 6,433.60 — a gain of 8.36 points or 0.13 percent.

Like the rest of the market, DigiPlus started the day in the red before rallying in the final stretch to close 2.22 percent higher at P34.55, surpassing its Monday closing price.

The index also dropped to a low of 6,393.31 points earlier in the day before strong buying activity pushed DigiPlus to an intraday high of P35.70.

Bloomberry, another gaming stock poised to challenge DigiPlus' online gaming platform, also advanced by 2.51 percent or 11 centavos to P4.50. Initial fears regarding the legislative agenda on possible online gambling regulations were offset by speculation of stronger earnings for gaming stocks.

PhilWeb also joined the list of gainers. As a result, the services sub-index posted a gain of 0.77 percent.

This, combined with gains in conglomerates, offset losses in four other sectors: financials (-0.36 percent), industrial (-0.02 percent), mining and oil (-0.43 percent), and property (-0.26 percent).

ACEN Corp., MERALCO, and Manila Water accounted for the declines within the services sector.

Value turnover amounted to P6.96 billion, with foreign trades accounting for P6.2 billion. Net foreign selling totaled P168 million, based on foreign buying of P3.082 billion and foreign selling of P3.25 billion.

Topline was the day's top gainer, surging 49.12 percent to P0.85, up by 28 centavos, following its disclosure of a P180 million acquisition deal for 38 gasoline stations in the Visayas.

Market bellwether SM Investments also rose by P10.50 to P896, a 1.19 percent gain.

There were 104 gainers, 96 losers, and 56 unchanged issues. Among the unchanged were San Miguel, Alternergy, Basic Energy, Citicore REIT, DMC Holdings, Vista Land, PhilSeven, MRC Allied, Robinsons Commercial REIT, Belle Corp., and Robinsons Retail.

Among the gainers were Metrobank, Universal Robina, China Bank, Citystate Savings, Union Bank, Aboitiz Power, First Gen, Petron, Synergy Grid, Shell Pilipinas, SPNEC, Emperador, and SMC Food and Beverage.

Figaro Coffee, Ginebra, Monde Nissin, Megawide, Cirtek Holdings, Aboitiz Equity, JG Summit, GT Capital, Araneta Properties, LT Group, Wilcon Depot, Apex Mining, OceanaGold, Philex Mining, and Haus Talk also gained.

Bank of the Philippine Islands, BDO Unibank, Ayala Land, SM Prime, Security Bank, EastWest Bank, Semirara Mining, Century Pacific Food, Jollibee Foods, Vitarich, VistaREIT, Alliance Global, Cosco Capital, Cebu Landmasters, ABS-CBN, PLDT, Converge, Dito CME, Atlas Mining, Nickel Asia, and Puregold ended the day in the red.