PSE Index Falls 0.83% as Geopolitical Tensions Weigh on Investor Sentiment

The Philippine Stock Exchange (PSE) index tumbled on Thursday, closing at its intraday low of 6,223.87, down 51.90 points, or 0.83 percent, as geopolitical tensions dampened investor sentiment.

The Philippine Stock Exchange (PSE) Index, July 9, 2026

Investors turned into net sellers after the benchmark index opened higher and reached an intraday high of 6,287.13 following reports that the United States had conducted a second day of strikes against Iran, while Iran reportedly targeted Kuwait and Bahrain.

Nine of the Top 10 most actively traded stocks ended in negative territory, with International Container Terminal Services Inc. (ICTSI) the lone exception.

ICTSI rose 2.26 percent to ₱971.50 on ₱1.78 billion in traded value. Several blue-chip stocks traded higher early in the session but later erased gains to close near their intraday lows.

The Services sector posted the market's only gain, rising 0.85 percent.

All other sectoral indices declined: Financials fell 2.14 percent, Industrial dropped 1.44 percent, Holding Firms lost 2.06 percent, Mining and Oil declined 1.39 percent, and Property slipped 1.31 percent.

Market bellwether SM Investments Corp. fell 1.85 percent to ₱585.00 after climbing to an intraday high of ₱592.00 before sliding to ₱582.50. DigiPlus Interactive Corp. reached a high of ₱13.10 but settled at its session low of ₱11.84, down 1.0 percent.

Among other actively traded stocks, Apex Mining Co. Inc. closed at ₱15.10, down 2.45 percent, after trading between ₱15.04 and ₱15.32.

Ayala Corp. touched an intraday high of ₱479.00 before ending at its session low of ₱468.00, down 3.51 percent.

Total value turnover reached ₱6.18 billion, while foreign trades amounted to ₱6.20 billion. Foreign investors registered net buying of ₱799 million, with ₱3.51 billion in purchases against ₱2.71 billion in sales.

Market breadth remained negative, with 111 decliners, 68 gainers, and 62 unchanged issues.