PSE Index Inches Up In Volatile Trading

The Philippine Stock Exchange (PSE) index ended slightly higher, gaining 10.61 points or 0.17% to close at 6,369.19 in another volatile session.

The Philippine Stock Exchange (PSE) Index, June 17, 2025

The benchmark briefly rose within four points of a higher level before retreating to its intraday low of 6,364.77.

Sector performance was mixed, with financials posting the sole loss, down 0.24%. The rest saw modest gains: holding firms rose 0.28%, services added 0.22%, mining and oil gained 0.14%, and property was up 0.30%.

Industrials led with a solid 1.18% gain. Second-tier copper and gold mining stocks surged amid a speculative frenzy driven by rising gold prices on heightened geopolitical risks in the Middle East.

Lepanto Consolidated Mining’s B shares jumped 50%, hitting the exchange’s ceiling at P0.129, while its A shares, reserved for Filipino investors, surged 49.46% to P0.13, with total trades reaching P20.3 million.

Market heavyweight SM Investments Corp. rose by P1 to close at P868, while BDO Unibank emerged as the most actively traded stock with P611 million in value, though it fell P2 to end at P157.

Total value turnover reached P5.93 billion. Foreign buying amounted to P2.713 billion, while foreign selling totaled P2.728 billion, resulting in a net foreign selling of P15 million.

Market breadth was positive, with 124 gainers, 82 losers, and 42 issues unchanged.

Top gainers Included: China Bank, DigiPlus, First Holdings, Manila Water, PNB, Union Bank, ACEN Corp., Ferronoux, Alternergy, Aboitiz Power, Basic Energy, Citicore REIT, and Century Pacific Food.

Also up were Emperador, Axelum, Figaro Coffee, Ayala Land, Cosco Capital, PLDT, DITO CME, Ayala Corp., GT Capital, Ginebra San Miguel, SM Prime, ABS-CBN, GMA-7, AREIT, DoubleDragon, OceanaGold, Philex Mining, Apex Mining, JG Summit, Shang Properties, Wilcon Depot, SSI Group, Puregold, and Haus Talk.

Among the decliners were Bloomberry, Bank of the Philippine Islands, Metrobank, Security Bank, National Reinsurance, Meralco, First Gen, Semirara Mining, Belle Corp., Atlas Mining, Metro Retail, Megaworld, Shell Pilipinas, Megawide, Globe Telecom, Cebu Air, Nickel Asia, and Alliance Global.

ICTSI, Petron Corp., SPNEC, LT Group, San Miguel Corp., Converge ICT, AgriNurture, and VistaREIT went unchanged.