PSE Index Closes Week Still Down Slightly

The Philippine Stock Exchange Index (PSE) edged lower Friday, closing at 6,465.53 points—down 1.33 points or 0.02 percent—as foreign investors continued to sell.

The Philippine Stock Exchange (PSE) Index, May 16, 2025.

Losses in the financial and holding firms sectors offset gains in the other four sub-indices.

The financials index slipped 0.09 percent, while holding firms declined by 1.14 percent, dragged by a ₱13 drop in market heavyweight SM Investments Corp. to ₱875, a 1.46 percent decline.

In contrast, the mining and oil sector surged 1.98 percent, property gained 1.73 percent, industrials rose 0.09 percent, and services inched up by 0.02 percent.

Total value turnover reached ₱6.59 billion. Foreign buying amounted to ₱3.861 billion, while foreign selling totaled ₱4.267 billion, resulting in net foreign selling of ₱406 million.

Market breadth was relatively balanced, with 85 gainers, 84 losers, and 60 issues unchanged.

Stocks ending the day in the green were Ayala Land, ICTSI, Bank of the Philippine Islands, SN Prime, China Bank, EastWest Bank, PNB, Basic Energy, Citicore REIT, Manila Water, Topline, and Century Pacific Food.

Also among the gainers were Emperador, Figaro Coffee, Keeper Holdings, AbaCore, Alliance Global, DMCI Holdings, GT Capital, JG Summit, LT Group, DoubleDragon, Robinsons Land, Shang Properties, ABS-CBN, PhilWeb, Apex Mining, Atlas Mining, Nickel Asia, OceanaGold, Philex Mining, and Philodrill.

Stocks notably in the red were BDO Unibank, Ayala Corp., Aboitiz Power, Globe Telecom, Metrobank, Security Bank, UnionBank, Petron, Monde Nissin, Semirara Mining, Roxas & Co., Universal Robina, Vitarich, PLDT, Belle Corp., DigiPlus, DITO CME, Puregold, SSI Group, Wilcon Depot, Global Ferronickel, and Haus Talk.

Jollibee Foods, PSE, ACEN Corp., Alternergy, First Gen, Meralco, Synergy Grid, Shell Pilipinas, Oriental Petroleum, SPNEC, Ginebra, Araneta Properties, SM Prime, VistaREIT, and Bloomberry Resorts remained unchanged.