PSE Index Ends Month in the Red As Huge Foreign Selling Hits
- By The Financial District

- Sep 30
- 2 min read
Huge foreign selling pushed down the Philippine Stock Exchange (PSE) index on Tuesday, with the benchmark falling 44.14 points, or 0.74 percent, to close at 5,953.46.

The index briefly climbed above the 6,000-point level before slipping back into the red.
Net foreign selling reached ₱2 billion — the first time this month — as foreign selling totaled ₱6.20 billion against foreign buying of ₱4.19 billion.
Market breadth stayed negative, with eight of the 10 most active stocks in the red. Exceptions were Bank of the Philippine Islands (BPI), up 3.60 percent, and gaming stock DigiPlus, which rose 2.23 percent to ₱25.25. Value turnover reached ₱9.09 billion.
The market opened at 5,991.19, rose to a high of 6,008.61, then hit a low of 5,905.35 before recovering part of its losses.
By sector, mining and oil extended their gold-backed gains, closing 1.45 percent higher, while financials followed with a 0.31 percent rise. Property was the hardest hit, sliding 2.03 percent, followed by holding firms (-1.03%), services (-1.13%), and industrials (-0.42%).
International Container Terminal Services Inc. (ICTSI) was the most active, with ₱1.07 billion in trades, slumping 1.95 percent to ₱471.60.
BDO Unibank followed with ₱730 million in trades, dropping 1.56 percent to ₱132.90.
Other big losers included Ayala Land (-3.56% to ₱24.35), SM Prime (-1.32% to ₱22.45), and bellwether SM Investments (-0.68% to ₱735).
Market breadth was negative with 129 losers, 79 gainers, and 45 unchanged, including San Miguel, Ginebra, Puregold, and Axelum.
Among the gainers were OceanaGold, Cebu Air, Security Bank, PSE, First Gen, Petron, Emperador, Jollibee Foods, Alliance Global, Globe Telecom, PLDT, and Universal Robina.
Among the losers were ACEN Corp., Ayala Corp., Meralco, Manila Water, Semirara Mining, Synergy Grid, Aboitiz Power, Monde Nissin, and JG Summit.





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