PSE Index Down Anew

By The Financial District
Feb 20
2 min read

The Philippine Stock Exchange (PSE) index declined again Thursday, dropping sharply after the opening before recovering slightly to close at 6,066.63 points, down 53.25 points or 0.87 percent.

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

Only the Financials sector posted gains, rising 0.58 percent on expectations of improved bank balance sheets. The other sectors fell amid renewed selling pressure from foreign investors.

Property suffered the biggest loss, plunging 2.56 percent, followed by Holding Firms, down 1.25 percent. Industrials and Services declined 0.45 percent, while Mining and Oil dropped 0.52 percent.

Ayala Land was the most actively traded stock, with a turnover of ₱720.3 million, as it tumbled 8.06 percent to ₱22.80, shedding ₱2. Meanwhile, market bellwether SM Investments fell 1.89 percent to ₱780, down ₱15.

Analysts expect the market to move sideways with a downward bias, citing concerns over U.S. tariff issues affecting multiple countries and the peso's potential weakening against the U.S. dollar.

Total value turnover reached ₱5.723 billion, with foreign investors remaining net sellers at ₱601 million. Foreign buying amounted to ₱2.73 billion, while foreign selling totaled ₱3.331 billion.

There were 74 gainers, 113 losers, and 58 unchanged stocks. Unchanged were Megaworld, Robinsons Land, Bloomberry, United Paragon, GT Capital, San Miguel, CREIT, Filinvest Land, AbaCore, Ayala Corp, Axelum, Manila Water, and Century Food.

Ending the day in the green were PhilSeven, BDO Unibank, Bank of PI, Metrobank, DigiPlus, Philodrill, Citystate Bank, MREIT, Cebu Air, Boulevard Holdings, Apex Mining, Haus Talk, JG Summit, Vitarich, Jollibee Foods, First Gen, Ginebra, Filinvest Development, Union Bank, and Aboitiz Equity.

ICTSI, SM Prime, Philex Mining, China Bank, Security Bank, Aboitiz Power, SPNEC, Cosco Capital, Monde Nissin, Alliance Global, Alternergy, Petron, DoubleDragon, Vista Land, VREIT, Meralco, ACEN Corp, ABS-CBN, GMA-7, PLDT, Globe Telecom, and Converge, on the other, saw red.