PSE Index In Big Recovery

The Philippine Stock Exchange (PSE) index posted a significant recovery Tuesday on bargain hunting, as investors snapped up blue chips that had seen major declines.

The Philippine Stock Exchange (PSE) Index, February 18, 2025

The index closed at 6,094.96 points, up by 101.48 points or 1.69 percent.

Opening slowly at 5,994.64 points, the index surged as the trading day progressed, reaching two milestone levels. It peaked at 6,107.62 points before dipping slightly by 13 points to close higher.

Property giants SM Prime and Ayala Land were the two most actively traded stocks as they rebounded from heavy losses on Monday. SM Prime rose by 4.58 percent, gaining ₱1.00 to close at ₱22.85, while ALI increased by 5.13 percent to ₱23.55, a ₱1.15 gain.

BDO Unibank was the third most active stock, climbing 3.17 percent to ₱143, up by ₱4.40.

Among the Top 10 most active stocks, all were in the green except for ICTSI, which remained unchanged. Holding firms gained 1.36 percent, as market bellwethers SM Investments, Ayala Corp, DMC Holdings, GT Capital, JG Summit, and LT Group advanced.

Financials rose by 1.53 percent, industrials by 1.34 percent, services by 0.36 percent, and the property sector led the gains with a 3.32 percent increase.

Mining and oil, however, declined by 0.17 percent. Value turnover amounted to ₱6.29 billion, while foreign buying reached ₱3.385 billion against foreign selling of ₱3.585 billion, resulting in net foreign selling of ₱199 million.

Among the gainers were: Bank of the Philippine Islands, Globe Telecom, Jollibee Foods, Metrobank, Aboitiz Power, Philodrill, Basic Energy, First Gen, China Bank, EastWest Bank, PNB, ACEN Corp, Alternergy, Citicore REIT, Meralco, Monde Nissin, Manila Water, Cosco, San Miguel, Robinsons Land, PLDT, Puregold, Belle Corp, Nickel Asia, Atlas Mining, and Dito CME.

The losers included: Philex Mining, Security Bank, Union Bank, AgriNurture, D&L Industries, Emperador, Figaro Coffee, Alliance Global, AREIT, Cemex Holdings, MREIT, PAL Holdings, Bloomberry, PhilSeven Corp, PXP Energy, and DoubleDragon.

Unchanged stocks included: Shell Pilipinas, Megawide, SPNEC, AbaCore, Cebu Landmasters, Vitarich, Converge, MRC Allied, Robinsons Retail, Apex Mining, Haus Talk, and CREIT.