PSE Index Kicks Off Week Surging to New Level

The Philippine Stock Exchange (PSE) index surged to a new level on Monday, closing 71.82 points higher, or up 1.13 percent, at 6,419.96.

The Philippine Stock Exchange (PSE) Index, January 12, 2026

Mining and oil stocks soared by a hefty 5.01 percent, driven by a record upswing in gold prices to USD 4,500 per ounce amid geopolitical tensions and economic uncertainty.

The rally was supported by gains in financials, which rose 2.14 percent, and property stocks, up 1.88 percent.

Other advancing sub-indices were industrials, which gained 0.81 percent, holding firms, up 0.70 percent, and services, which climbed 0.33 percent.

BDO Unibank, Bank of the Philippine Islands, and Metrobank posted gains of 2.44 percent to ₱142.50, 2.24 percent to ₱123.40, and 2.92 percent to ₱72.35, respectively. UnionBank, however, declined by 0.55 percent to ₱26.90.

Mining shares glittered on gold’s rally, with Apex Mining rising 7.19 percent to ₱13.72, OceanaGold strengthening 3.87 percent to ₱36.25, and Atlas Mining posting a 2.71 percent gain to ₱7.19.

ICTSI again emerged as the most active stock, with ₱615 million worth of trades, as it inched up 0.16 percent to ₱626.

Market bellwether SM Investments firmed up by 0.68 percent to ₱735.

Other blue-chip gainers included PLDT, up 1.54 percent to ₱1,320; Converge, which rose 2.64 percent to ₱15.58; and SM Prime, up 3.24 percent to ₱23.90. Notable losers were SPNEC, down 1.65 percent to ₱1.19, and Aboitiz Power, which slipped 0.45 percent to ₱44.15.

The index hit an intraday high of 6,431.08 before closing lower. Its low was its opening level of 6,351.47, a sign of underlying strength as foreign investors continued to be net buyers.

Net foreign buying amounted to ₱534 million, with foreign buying at ₱3.342 billion and selling at ₱2.808 billion, bringing total trades to ₱6.5 billion.

Value turnover reached ₱6.63 billion, with 142 gainers, 80 losers, and 53 unchanged stocks, including Puregold, Cebu Air, Globe Telecom, DITO CME, JG Summit, Ginebra, Emperador, Meralco, Axelum, and Haus Talk.

Among the gainers were China Bank, Universal Robina, Cebu Air, Jollibee Foods, Century Food, Manila Water, Maynilad, Petron, Megawide, Ayala Corp., and Ayala Land. Decliners included DigiPlus, EastWest, the PSE, First Gen, Monde Nissin, GT Capital, ABS-CBN, Cosco Capital, Vista Land, PhilWeb, and Alternergy.