PSE Index Crumbles

The Philippine Stock Exchange (PSE) index crumbled today following a wave of late selling, mostly from foreign investors, pushing it to a lower milestone level.

The Philippine Stock Exchange (PSE) Index, May 20, 2025

All sub-indices ended in the red as the main index closed 119.51 points lower at 6,335.33—a 1.85 percent drop.

Foreign investors were net sellers with a total outflow of P888 million. The index had opened 4 points higher from Monday’s close, but late-session selling caused it to plunge by over 100 points. It had only been trading down by double digits before the afternoon recess.

Foreign buying amounted to P2.964 billion, while foreign selling reached P3.850 billion.

The Financials sector declined by 1.99 percent, with BDO Unibank emerging as the most actively traded stock at P1.057 billion. It dropped 1.71 percent to P155.10. The Industrials sector lost 0.48 percent.

Holding firms dropped by 1.83 percent, with market bellwether SM Investments shedding P25 to close at P863. Other notable decliners in the sector included Anscor, DMC Holdings, JG Summit, GT Capital, and San Miguel Corporation.

The Services sector retreated by 2.21 percent. Mining and Oil fell by 1.64 percent, while Property declined by 0.99 percent.

Total value turnover reached P7.8 billion, with local investors accounting for only P600 million of the trades. Decliners outnumbered advancers two to one, with 126 losers, 62 gainers, and 55 unchanged.

Among today’s gainers were Ayala Land, Jollibee Foods, Citystate Savings, Abacore, National Reinsurance, PhilSeven, Atlas Mining, Security Bank, China Bank, First Gen, and Petron, SMC Food and Beverage.

Shakey’s Pizza also gained, along with Megawide, Alliance Global, LT Group, Cebu Landmasters, Century Properties, DoubleDragon, Robinsons Land, DigiPlus, and OceanaGold.

Among the stocks seeing red were ICTSI, Bank of the Philippine Islands, SM Prime, Citicore REIT, Universal Robina, Ayala Corporation, Metrobank, PNB, ACEN Corp., Aboitiz Power, Meralco, Manila Water, Semirara Mining, and Shell Pilipinas.

Down, as well, were SPNEC, Topline, Century Pacific Food, Emperador, Figaro Coffee, Keepers Holdings, Monde Nissin, Vitarich, CEMEX Holdings, Integrated Micro-Electronics, Aboitiz Equity Ventures, AREIT, and Megaworld.

Closing out the list of losers were MRC Allied, ABS-CBN, GMA Network, Cebu Air, Globe Telecom, PLDT, Dito CME, Bloomberry, PhilWeb, Puregold, SSI Group, Wilcon Depot, Apex Mining, Philex Mining, and Nickel Asia.

Unchanged stocks included Converge, PSE, Alternergy, D&L Industries, Ginebra San Miguel, Cosco Capital, Filinvest REIT, Shang Properties, Belle Corp., and Haus Talk.