DigiPlus, ICTSI, SM Push PSE Index Past Milestone Level

DigiPlus weathered foreign selling with its ₱6 billion buyback program, while port operator ICTSI added momentum to the services sub-index.

The Philippine Stock Exchange (PSE) Index, July 9, 2025

These gains helped nudge the Philippine Stock Exchange (PSE) index past a milestone level, closing at 6,504.34 points—a gain of 70.74 points or 1.10 percent.

Market bellwether SM Investments also contributed, as five sub-indices closed in positive territory in what traders said could mark the start of a push toward the 7,000-point level.

DigiPlus, which last week saw its share price hit the 30 percent downside floor, ended the day 5.64 percent higher at ₱36.50, up ₱1.99.

It reached an intraday high of ₱38.05 on trades worth ₱90.3 million, making it the second most active stock after ICTSI, which led with ₱971 million in trades and closed 3.57 percent higher at ₱441. SM closed at its recent high of ₱905, gaining ₱14.

Value turnover was a third higher than average at ₱7.79 billion, of which ₱6.99 billion was attributed to foreign investors.

There was net foreign selling of ₱220 million, with foreign buying at ₱3.387 billion versus foreign selling of ₱3.08 billion. The financials sector slipped 0.77 percent, with BDO Unibank and Bank of the Philippine Islands declining to ₱153.40 and ₱123, respectively.

Mining and oil also fell slightly by 0.05 percent, as losses in second-tier stocks were offset by gains in OceanaGold, Philex, and Atlas Mining.

Meanwhile, industrials rose 1.08 percent, holding firms advanced 0.93 percent, services jumped 2.52 percent, and the property sector climbed 2.38 percent on the strength of gains in property giants Ayala Land and SM Prime.

There were 110 gainers, 90 losers, and 50 unchanged. Unchanged stocks included Converge, Alternergy, Basic Energy, Agrinurture, DoubleDragon, Citicore REIT, MRC Allied, Megaworld, RL Commercial REIT, and Dito CME.

Among the gainers were Universal Robina, Jollibee Foods, Metrobank, Ayala Corp., Security Bank, PSE, ACEN Corp., Aboitiz Power, Citicore RE, JG Summit, Megawide, and Integrated Micro-Electronics.

Cebu Air, Globe Telecom, PLDT, Bloomberry, Wilcon Depot, Nickel Asia, Roxas and Co., Lopez Holdings, Cebu Landmasters, PhilSeven, Puregold, ABS-CBN, Emperador, Meralco, SPNEC, GT Capital, Robinsons Land, and Petron were in the green, as well.

Losers included PNB, First Gen, Manila Water, Century Pacific Food, Ginebra, Concrete Aggregates, Cirtek Holdings, DMCI Holdings, VistaREIT, GMA Network, Haus Talk, Apex Mining, MerryMart, AbaCore, Aboitiz Equity Ventures, Cosco Capital, STI Holdings, Belle Corp., PhilWeb, Robinsons Retail, Monde Nissin, Semirara Mining, and Keeper Holdings.