PSE Index Declines on Protest Action Aftermath

The Philippine Stock Exchange (PSE) index fell by 49.66 points, or 0.79 percent, to close at 6,214.83 on Monday, weighed down by investor jitters in the aftermath of violent protests that left more than a dozen injured, including policemen.

The Philippine Stock Exchange (PSE) Index, September 22, 2025

Protesters attempted to breach a police barrier on the way to Malacañang, setting a truck ablaze, hurling molotov cocktails, and igniting small fires along the route.

Financials bore the brunt of the sell-off, slumping 2.14 percent. BDO Unibank dropped 4.04 percent to ₱144.80, Bank of the Philippine Islands retreated 1.31 percent to ₱113, and Metrobank shed 2.10 percent to ₱70.

Bucking the trend were China Bank, Citystate Savings, Security Bank, EastWest, and Union Bank. Trading volume was muted at ₱5 billion, about ₱1 billion below the daily average, as foreign investors unloaded shares.

Holding firms fell 0.68 percent, with market bellwether SM Investments slipping 1.05 percent to ₱756.

The property index declined 0.42 percent. Services edged up 0.25 percent, lifted by gaming stocks, as DigiPlus Holdings rose 6.13 percent to ₱25.10 and Bloomberry Resorts gained 6.82 percent to ₱3.76, though ICTSI dipped 0.20 percent to ₱508.

Mining and oil climbed 1.65 percent, while industrials inched higher by 0.02 percent.

Foreign investors sold a net ₱343 million, with foreign buying at ₱2.747 billion and foreign selling at ₱3.090 billion.

Market breadth was positive, with 113 gainers, 90 losers, and 51 issues unchanged, including Jollibee Foods, Figaro Coffee, Alliance Global, Cebu Landmasters, ABS-CBN, and Philodrill.

Among the gainers were Meralco, LT Group, SM Prime, ACEN Corp., First Gen, SPNEC, Topline, D&L Industries, Concrete Aggregates, AbaCore, Cosco Capital, DMCI Holdings, MREIT, Globe Telecom, PLDT, and Dito CME.

Among the losers were Ayala Land, PNB, Alternergy, Aboitiz Power, Axelum, Emperador, Ginebra San Miguel, Monde Nissin, RL Commercial REIT, DoubleDragon, Megaworld, GT Capital, Ayala Corp., Robinsons Land, and Cebu Air.