PSE Index Declines in Volatile Trading as All Sectoral Indices Post Losses

The Philippine Stock Exchange (PSE) index fell 32.65 points, or 0.57%, to 6,693 on Thursday amid volatile trading.

The Philippine Stock Exchange (PSE) Index, November 12 , 2026

All sectoral indices posted losses, while market favorite International Container Terminal Services Inc. (ICTSI) closed unchanged at ₱780 after trading as high as ₱786 and as low as ₱749.

Market bellwether SM Investments Corp. declined 0.54% to ₱565, with trading value reaching ₱2.1 billion.

Ayala Corp. closed at its intraday low of ₱557, down 0.54%, after reaching a high of ₱578.

SM Prime Holdings, meanwhile, gained 0.34% to close at its intraday high of ₱17.46. Newly listed Mynt, the parent company of GCash, was among the gainers, rising 3.33% to ₱7.45. The stock reached an intraday high of ₱7.57 and a low of ₱7.22.

Rockwell Land Corp. was the day's top gainer, surging 18.8% to ₱2.97.

Among the sectoral indices, mining and oil recorded the steepest decline at 3.91%, followed by industrials, down 1.78%.

Holding firms fell 0.76%, services declined 0.37%, financials lost 0.25%, and property slipped 0.05%.

The peso weakened further by 0.56% to ₱63.70 against the US dollar, adding to concerns about imported inflation and higher household expenses.

Market participants are also closely watching developments in the Middle East, particularly discussions on a possible ceasefire that could ease geopolitical tensions and support economic conditions.

Value turnover was reported at ₱7.51 billion, while foreign transactions totaled ₱8.54 billion.

Foreign investors recorded net buying of approximately ₱328 million, with gross purchases of ₱4.437 billion against sales of ₱4.108 billion. Market breadth was negative, with 131 declining stocks against 41 advancers, while 62 shares were unchanged.