PSE Index Declines on Profit-Taking
- By The Financial District

- 2 hours ago
- 1 min read
The Philippine Stock Exchange (PSE) index declined Thursday on profit-taking, closing at 6,471.25 points, down 23.57 points or 0.42%.

Opening at 6,517.19 points, the index rose just two points before losing momentum as investors took profits. It slid to an intraday low of 6,454.43 points before edging up at the close.
Jollibee Foods closed 0.10% lower at P208, after hitting a high of P209.20 and a low of P204.40. Meanwhile, top-traded ICTSI, with trades amounting to P1.39 billion, rose 2.84% to P689, lifting the services sector by 1.83%.
Mining and oil also posted a gain, up 2.49%, as Apex Mining climbed 3% to P15.80.
Financials fell 1.26%, industrials declined 0.28%, holding firms dropped 1.07%, and property slipped 1.83%. Market bellwether SM Investments lost 0.57% to P698, while San Miguel shed 5.65% to P71, though it reached an intraday high of P75.50.
Nickel Asia advanced 10.80% to P5.54, while Ayala Land declined 3.62% to P21.30.
Value turnover amounted to P6.87 billion, with foreign trades reaching P6.9 billion.
Net foreign selling stood at P96 million, with buying at P3.403 billion and selling at P3.50 billion.
There were 78 gainers, 122 losers, and 65 shares unchanged, including BDO Unibank, AREIT REIT, Vitarich, Basic Energy, Aboitiz Power, GMA-7, and MacroAsia.
Among the gainers were Shell Pilipinas, Universal Robina, Maynilad, Security Bank, Topline, Belle Corp., Wilcon Depot, JG Summit, and SPNEC. Among the losers were Metrobank, SM Prime, GT Capital, PNB, Union Bank, Century Food, Ginebra, and Monde Nissin.





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