PSE Index Climbs To Milestone, Led By Conglomerates And Property Stocks

By The Financial District
Jul 1
2 min read

The Philippine Stock Exchange (PSE) index closed at a milestone level today, rising 58.91 points or 0.93% to end at 6,423.85—its intraday high.

The Philippine Stock Exchange (PSE) Index, July 1, 2025

The market danced cautiously in volatile trade, slipping to a low of 6,372.59 before rebounding on the back of strong net foreign buying worth ₱969 million.

SM Investments (SM) mirrored the index’s trajectory, climbing ₱22 or 2.52% to ₱894—also its session high—after dipping to ₱873 earlier. Foreign investors accounted for ₱62 million of SM’s ₱223 million in trades.

With this, the Holding Firms index surged 2.21%, lifted by gains in Ayala Corp., GT Capital, JG Summit, and Lopez Holdings. Decliners in the conglomerate group included San Miguel, LT Group, Abacore, and Cosco Capital.

Among sectors, Mining and Oil rallied 2.18%, Property advanced 1.89%, and Industrials inched up 0.24%.

Property leaders were Ayala Land (ALI), which led all trades with ₱1.15 billion, gaining 3.33% to ₱27.90, and SM Prime (SMPH), which rose 1.92% to ₱23.90.

Other notable gainers in property: Megaworld, Robinsons Land, AREIT, Cebu Landmasters, Citicore REIT, Global Estate, Filinvest REIT, and Filinvest Land.Losers: DoubleDragon, VistaREIT, and MRC Allied.

Financials slipped 0.43%, with BDO, Metrobank, Security Bank, and UnionBank retreating. PNB, EastWest, and Bank of the Philippine Islands (BPI) bucked the trend and posted modest gains.

Services eased 0.14%, dragged by gaming names. DigiPlus dropped 3.85% to ₱50 on ₱1.02 billion in trades, while Bloomberry inched down ₱0.03 to ₱5.08.

This came amid fresh concerns over gambling regulation, as Senator Win Gatchalian called for stricter laws and age controls for cyber wallet betting, citing its growing impact on the youth.

In oil, Oriental Petroleum A and B shares surged 10% to ₱0.011 following the company’s board announcement of a ₱200 million share buyback program.

Mining stocks rebounded in sync with a 0.81% rise in gold prices to $3,329.91/oz, as Lepanto A gained 8.63% and Lepanto B rose 7.14%.

Value turnover was ₱7.69 billion, with foreign trades at ₱6.2 billion. Net foreign buying stood at ₱969 million (foreign buying: ₱3.622B | foreign selling: ₱2.653B). There were 115 gainers, 79 losers, and 65 unchanged issues.