PSE Index Down on Fear Factor

The Philippine Stock Exchange (PSE) index declined Thursday on fear factor, with the looming Sunday rally resulting in muted trades that closed at 5,969.13 points, down by 35.57 points or 0.59 percent.

The Philippine Stock Exchange (PSE) Index, November 27 , 2025

What saved the day for the index, which had an intraday low of 5,292.67 points, was the surge in holding firms by 2.02 percent, with market bellwether SM Investments towing the conglomerates with a 2.96 percent hike to P730.

Ayala Corp also played a crucial role as it closed at its top price of P460, a 2.22 percent gain after scouring the depths at P446.20.

All other counters closed lower, with financials bearing the brunt of the sell-down, slipping by 2.21 percent as BDO Unibank lost 2.43 percent to P128.30, Metrobank declined by 4.15 percent to P65.75, and Bank of PI retreated by 2.12 percent to P115.50.

Services slumped by 1.45 percent, industrial dropped by 0.84 percent, mining and oil lost 1.25 percent, and property was only slightly down as property giant SM Prime rose by 1.56 percent to P22.80, partly offsetting the loss in Ayala Land, which was lower by 2.86 percent to P20.40.

PLDT, Globe Tel, and DigiPlus respectively went down by 1.23 percent to P1,285, 1.64 percent to P1,570, and 4.64 percent to P24.65.

Apex Mining lost 1.57 percent to P10, although it reached a high of P10.46 early in trading as the index itself peaked at 6,005.45 points.

Other notable trades were Alliance Global, up 1.69 percent to P7.22; JG Summit, up 0.94 percent to P21.50; Axelum, up 0.50 percent to P2.01; and Aboitiz Power, down 2.32 percent to P42.10.