PSE Index A Level Up

The Philippine Stock Exchange (PSE) index rose to a milestone level Monday as investors bucked early losses to close at its highest point—6,406.13—up by 29.34 points or 0.46 percent.

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

Gaming stocks surged, with Bloomberry posting the biggest gain of the day, rising 18.40 percent to ₱5.92, up by ₱0.92. It also logged the top trade of the day at ₱900 million.

DigiPlus followed, trading ₱487 million as it rose ₱2.90 to ₱64.90, a 4.68 percent increase.

Investors bought Bloomberry shares on news of its planned launch of an internet gaming protocol to rival DigiPlus’ BingoPlus, which has surged from ₱10 to the ₱60s on the back of huge profits from its gaming platform.

Market bellwether SM Investments also benefited from renewed buying interest, ending the day slightly off its high at ₱875, up ₱25 or 2.94 percent.

The index opened at its lowest point, 6,368.96, and rose to its intraday high despite continued foreign selling. Foreign buying amounted to ₱1.910 billion, while foreign selling reached ₱2.116 billion, resulting in net foreign selling of ₱205 million.

Holding firms and services posted identical gains of 1.15 percent.

Aboitiz Equity, LT Group, Anscor, and Cosco Capital contributed to the rise in the holdings sector, while ICTSI, Converge, and DITO CME nudged the services sub-index higher.

Financials rose 0.61 percent, while industrials slipped 0.44 percent, mining and oil declined by 3.70 percent, and property fell 0.81 percent.

Value turnover reached ₱5.07 billion, with 85 gainers, 117 losers, and 50 unchanged. Among the unchanged stocks were Ginebra, Atlas Mining, Alternergy, Shell Pilipinas, SPNEC, Topline, CEMEX Holdings, Abacore, Cebu Landmasters, Megaworld, and Synergy Grid.

Among the gainers were BDO Unibank, China Bank, Union Bank, National Reinsurance, PSE, ACEN Corp, Basic Energy, Meralco, Petron, DMC Holdings, AREIT RT, MREIT, Cebu Air, Shang Properties, Oriental Petroleum, OceanaGold, SSI Group, and Century Property.

Among the losers were Bank of the Philippine Islands, Ayala Land, SM Prime, PLDT, Citystate Savings, EastWest, Metrobank, Aboitiz Power, Manila Water, First Gen, Figaro Coffee, Jollibee Foods, ABS-CBN, GMA-7, Puregold, Wilcon Depot, San Miguel, DoubleDragon, Vista Land, Nickel Asia, Philex Mining, and GT Capital.