PSE Index Continues Mild Upward Movement

The Philippine Stock Exchange (PSE) index on Monday continued its mild upward movement, closing at 6,058.02 points, up 21.30 points or 0.35 percent, despite a sharp decline in the services sub-index and continued net foreign selling.

The Philippine Stock Exchange (PSE) Index, December 15, 2025

Traders remained cautiously optimistic amid expectations of a possible interest rate cut by the Bangko Sentral ng Pilipinas.

The index climbed to an intra-day high of 6,093.83 points, just seven points shy of breaching another resistance level, but was once again capped by profit-taking as investors locked in gains.

Directionless trading was also weighed down by sustained net foreign selling, which totaled P348 million, with foreign buying of P2.891 billion against selling of P3.240 billion.

The services sector bore the brunt of selling pressure, sliding 3.28 percent, led by global port operator ICTSI, which fell 4.75 percent to P581 as investors booked profits.

Adding to the sector’s decline were Cebu Air, which dropped 4.76 percent to P31, and Bloomberry, which eased 0.74 percent to P2.67. Partially offsetting the losses was DigiPlus, which rose 0.79 percent to P17.24, entering the list of the top 10 most active stocks.

Other sectors posted gains, with financials up 1.82 percent, industrials up 0.98 percent, holding firms up 1.09 percent, mining and oil up 2.26 percent, and property up 2.00 percent.

BDO Unibank was the most active stock, recording P926 million in trades, as it climbed 0.94 percent to P128.40.

Market bellwether SM Investments gained 0.79 percent to P705.50, lifting conglomerates. San Miguel Corp. rose 1.89 percent to P81, Ayala Corp. advanced 1.74 percent to P467.20, and GT Capital added 0.63 percent to P555.50.

Industrial stocks were buoyed by new IPO Maynilad, which rose 2.22 percent to P16.56, alongside ACEN Corp., up 2.64 percent to P2.72, and Megawide, which surged 8.28 percent to P3.14.

Mining stocks firmed up as US gold prices hovered between $4,200 and $4,400 per ounce.

OceanaGold jumped 3.74 percent to P30.50, Apex Mining gained 3.70 percent to P11.76, and Philex Mining edged up 1.00 percent to P10.11.

Nickel producer Nickel Asia rose 1.67 percent to P3.66, while copper miner Atlas Mining advanced 0.88 percent to P5.72.

Total value turnover reached P6.39 billion, with foreign trades accounting for P6.131 billion.

The session saw 131 gainers, 81 losers, and 50 unchanged issues, including PSE, Synergy Grid, Topline, Filinvest Land, Global Estate, MREIT, Belle Corp., and Wilcon Depot.

Among the gainers were China Bank, Metrobank, Bank of the Philippine Islands, UnionBank, Semirara Mining, AgriNurture, Emperador, Jollibee Foods, Cosco Capital, Alliance Global, DoubleDragon, Robinsons Land, and JG Summit.

Decliners included Century Pacific Food, PNB, Security Bank, Alternergy, Citicore Renewable Energy, Petron Corp., Abacore, Lopez Holdings, VistaREIT, ABS-CBN, Puregold, Converge, SSI Group, PhilSeven, SPNEC, and Ginebra.