PSE Index Down Slightly, Tests Support Level

The Philippine Stock Exchange (PSE) index closed a bit lower on Wednesday at 6,108.72 points, down 9.82 points or 0.16 percent.

The Philippine Stock Exchange (PSE) Index, September 24, 2025

It touched an intra-day low of 6,080.42—below its support level—after briefly hitting 6,149.21 before profit-taking dragged it down.

Analysts expect the market to test new lows as corruption woes weigh on the country’s image as an investment destination.

Value turnover was below average at P5.2 billion. Investor optimism has weakened, leading to declines across all sub-indices, though pockets of confidence remained in select stocks.

Construction innovator Megawide surged 8.48 percent to P3.58 after a volatile session, trading as high as P3.60 and as low as P3.33.

The company earlier disclosed it was raising its dividend policy from 30 percent of prior-year earnings to 50 percent.

Foreign investors were net sellers, offloading P350 million.

All sub-indices ended in the red: financials lost 0.13 percent, industrials dropped 0.34 percent, holding firms fell 0.22 percent, services retreated 0.18 percent, mining and oil declined 0.15 percent, and property slipped 0.37 percent.

Market bellwether SM Investments traded between P755 and P746 before closing 0.13 percent lower at P749.

ICTSI gained 0.20 percent to P500, while Ayala Corp. advanced 0.40 percent to P502.

Market breadth was negative with 88 gainers, 103 losers, and 63 unchanged, including BDO Unibank, Century Pacific Food, PSE, PhilWeb, SPNEC, JG Summit, ABS-CBN, First Gen, Bloomberry, Atlas Mining, and Dito CME.

Among the gainers were China Bank, Metrobank, Axelum, Emperador, Alliance Global, Aboitiz Equity, Petron, Semirara Mining, DoubleDragon, Cebu Landmasters, Ayala Land, Megaworld, Robinsons Land, PLDT, and Union Bank.

Among the losers were Robinsons Retail, Bank of the Philippine Islands, DigiPlus, VistaREIT, AllHome, PNB, EastWest, Aboitiz Power, ACEN Corp., Meralco, D&L Industries, Jollibee Foods, Ginebra, Belle Corp., Apex Mining, Wilcon Depot, Monde Nissin, Cosco Capital, and Concrete Aggregates.