PSE Index Falls Two Levels in Market Rout

The Philippine Stock Exchange (PSE) index plummeted two levels in a market rout on Friday, with blue chips hitting new year-lows as the benchmark closed at 5,584.35, down 142.64 points or 2.49 percent.

The Philippine Stock Exchange (PSE) Index, November 14, 2025

All six sectoral indices ended in the red, led by Mining and Oil, which sank 5.28 percent despite firmer U.S. gold prices that briefly lifted sentiment amid lingering corruption-related overhangs in local equities.

Financials fell 2.89 percent, Services declined 3.11 percent, Holding Firms slipped 1.86 percent, Industrial dropped 1.40 percent, and Property lost 1.87 percent.

The market opened to an optimistic tone and touched an intra-day high of 5,769.81, before entering a steep selloff that erased more than 180 points, ending in a sharp close at session lows.

Market bellwether SM Investments slumped 1.88 percent to ₱677, hovering just above its year-low. BDO Unibank and Jollibee Foods both finished at new year-lows — BDO at ₱119 (down 3.64 percent) and Jollibee at ₱182 (down 2.15 percent).

The day’s silver lining came from new IPO Maynilad, which rose 2.07 percent to ₱14.80, along with gains in ACEN (up 0.44 percent to ₱14.80), Alliance Global (up 1.57 percent to ₱6.48), and Cebu Air (up 0.84 percent to ₱30).

Among the major losers were gaming stocks DigiPlus, which plunged 8.29 percent to ₱24.35, and Bloomberry, which slid 8.47 percent to ₱2.70. Security Bank also declined 1.05 percent to ₱66.15.

Value turnover reached ₱6.25 billion, with foreign trades accounting for ₱5.1 billion. Net foreign selling amounted to ₱104 million — on foreign buying of ₱2.509 billion versus foreign selling of ₱2.613 billion.

Market breadth was sharply negative, with 133 losers, 64 gainers, and 51 unchanged. Unchanged issues included San Miguel, Century Property, DITO CME, Global Estate, PSE, Basic Energy, and D&L Industries.

Top gainers included Citystate Bank, which surged 35.84 percent to ₱16.80, as well as Shell Pilipinas, Atlas Mining, Synergy Grid, AgriNurture, Robinsons Retail, VistaREIT, Vista Land, Aboitiz Equity, Aboitiz Power, and Union Bank.

Notable losers included Metrobank, First Gen, OceanaGold, Philex Mining, Apex Mining, GT Capital, SPNEC, Meralco, PNB, Emperador, Megawide, JG Summit, Converge, MREIT, AREIT, MacroAsia, Petron, Citicore REIT, Axelum, and Century Pacific Food.