PSE Index Climbs On Strong Foreign Buying, Hits Intraday High

The Philippine Stock Exchange (PSE) index rose for a second straight session on Tuesday, closing at 6,465.45—up by 46.76 points or 0.73 percent—as foreign investors snapped up local equities on the back of encouraging economic data, including easing inflation and robust growth projections.

The Philippine Stock Exchange (PSE) Index, May 7, 2025

The index surged intraday to 6,531.99 points, breaking another milestone before retreating due to profit-taking. The property sector was the lone decliner among major sub-indices, weighed down by losses in blue chips Ayala Land and SM Prime.

Gains were broad-based: financials rose 1.13 percent, industrials climbed 1.36 percent, services advanced 1.18 percent, mining and oil edged up 0.17 percent, and holding firms inched higher by 0.08 percent.

Notably, SM Investments slipped by ₱4 to close at ₱876 after touching a high of ₱891.

Foreign buying was a key market driver, surging to ₱4.061 billion versus ₱3.389 billion in foreign selling, for a net foreign inflow of ₱671 million—the first time foreign buying crossed the ₱4-billion mark this year.

International Container Terminal Services Inc. (ICTSI) was the most actively traded stock, with ₱1.58 billion in value as it gained ₱8 to close at ₱383, up 2.13 percent. BDO Unibank followed with ₱1.21 billion in trades, climbing ₱7.70 or 4.89 percent to finish at ₱165.20.

Total value turnover reached ₱8.26 billion, with 113 gainers, 72 losers, and 48 unchanged.

It marked the first time in recent sessions that the number of gainers topped 100—an indicator of improving investor sentiment. Analysts see the index eyeing its next resistance level at 6,600.

Among notable gainers were DigiPlus, Universal Robina, Globe Telecom, Integrated Micro-Electronics, MacroAsia, MRC Allied, Monde Nissin, EastWest Bank, Metrobank, PNB, Security Bank, UnionBank, and ACEN.

Up, as well, were Aboitiz Power, Meralco, Manila Water, Petron, Semirara Mining, Megawide, D&L Industries, Shakey’s Pizza, Synergy Grid, SPNEC, Jollibee Foods, Emperador, AgriNurture, LT Group, GT Capital, Citicore Renewable Trust, Shang Properties, PLDT, Vivant, PH Resorts, Cebu Air, SSI Group, Puregold, Robinsons Retail, and Haus Talk.

Losers included Bank of the Philippine Islands, Bloomberry Resorts, Alternergy, Citicore REIT, First Gen, Figaro Coffee, Ginebra San Miguel, Vitarich, Ayala Corp., JG Summit, San Miguel Corp., Filinvest REIT, RL Commercial REIT, GMA-7, Converge, DITO CME, PhilWeb, Apex Mining, 7-Eleven (PhilSeven), DoubleDragon, Philodrill, and Filinvest Land.

Unchanged issues included Abacore, Cosco Capital, Belle Corp., Robinsons Land, Century Properties, and Citicore Renewable Trust.