PSE Index Closes at Intra-Day High as Foreign Money Feels Optimism

Foreign funds dictated the tempo of trading today, pushing the Philippine Stock Exchange (PSE) index to close at its intra-day high, rising by 59.47 points, or 0.92 percent, to 6,547.98 points.

The Philippine Stock Exchange (PSE) Index, February 24, 2026

Top-traded ICTSI climbed 3.27 percent to P694, with P394 million in foreign buying out of its P1.35 billion in total trades.

Meanwhile, BDO Unibank shed 1.59 percent as foreign investors sold P212 million out of its P641 million in value turnover. Market bellwether SM Investments tumbled below P700, closing 0.71 percent lower at P695, with P128 million in foreign selling out of P211 million in trades.

Ayala Corp., which will be reclassified to mid-cap under the FTSE Russell Index — implying portfolio repositioning — remained unchanged at P577, even as foreign investors placed P158 million out of its P279 million in trades.

However, Ayala Land, which will also be reclassified, saw its share price decline by 5.08 percent to P20.55, with selling reaching P216 million out of its P641 million in trades.

Among mining shares, which are expected to benefit from widening geopolitical tensions, foreign flows also signaled which stocks were favored.

Apex Mining advanced 1.16 percent to P17.20, with P68 million in foreign buying out of its P229 million in trades. In contrast, Philex Mining fell 1.67 percent to P10.60 as foreign selling reached P12 million out of P61 million in trades.

Industrials posted a gain of 1.48 percent.

Financials edged up 0.04 percent, while holding firms rose 0.38 percent. Services registered a hefty 2.18 percent increase, while property declined 0.41 percent due largely to losses in Ayala Land.

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Value turnover reached P8.04 billion, 25 percent higher than average. Foreign trades accounted for P9.036 billion as investors were active on both sides of the market.

Net foreign buying amounted to P406 million, with foreign purchases of P4.72 billion against foreign selling of P4.314 billion.

There were 100 gainers, 98 losers, and 74 unchanged shares, including ACEN Corp., Petron, Emperador, Fruitas Holdings, AREIT, GT Capital, Integrated Micro, and Converge.

Among the gainers were Metrobank, Jollibee Foods, DigiPlus, Maynilad, Meralco, JG Summit, PSE, Bank of the Philippine Islands, Union Bank, Manila Water, Shell Pilipinas, and Monde Nissin.

Among the losers were Security Bank, PNB, China Bank, Alliance Global, Cosco Capital, DITO CME, Belle Corp., Bloomberry, and SPNEC.