PSE Index Moves Up A Level

The Philippine Stock Exchange (PSE) index surged to a milestone today, closing at 6,408.27 points—up by 77.62 points or 1.23 percent.

The Philippine Stock Exchange (PSE) Index, June 27, 2025

All sectoral indices posted gains, except for Mining and Oil, which recorded the lone loss.

The rally was fueled by optimism over a perceived ceasefire in the Iran-Israel conflict, which improved global economic sentiment and triggered a pullback in gold prices, traditionally seen as a safe-haven asset.

The Mining and Oil index dropped by 1.84 percent as U.S. gold prices fell to a two-week low of $3,323.74 per ounce following news of a cessation in hostilities between Israel and Iran.

This weighed down shares of Philex Mining and second-tier stocks like Lepanto A and B, as well as Manila Mining A and B, amid dampened speculation on gold prices.

Market bellwether SM Investments gained ₱10 to close at ₱880 after reaching a high of ₱892, reflecting the market’s optimistic tone amid expectations of a downturn in oil prices.

Riding on SM’s momentum, the Holding Firms index rose by 1.63 percent.

Financials, however, advanced by only 0.13 percent due to a dip in Bank of the Philippine Islands (BPI), which saw foreign investors sell ₱204 million worth of shares out of a total ₱363 million traded.

The Services sector rose by 1.26 percent, while the Property index posted a strong 2.79 percent gain, powered by the active trading of sector giants Ayala Land and SM Prime.

Ayala Land (ALI) rose 4.67 percent to ₱25.80, up ₱1.15, on trades worth ₱839 million. SM Prime Holdings (SMPH) gained 2.67 percent or ₱0.60 to close at ₱23.05 on trades amounting to ₱624 million.

Total value turnover reached ₱6.506 billion. Net foreign selling was minimal at just ₱7.6 million, with foreign buying at ₱3.028 billion versus ₱3.036 billion in foreign selling.

Advancers outnumbered decliners by more than two to one, with 129 gainers, 63 losers, and 52 unchanged.

Among the gainers were ICTSI, BDO Unibank, Bloomberry, Ayala Corp., Oriental Petroleum A and B, Philodrill, MRC Allied, Megaworld, China Bank, EastWest Bank, PNB, RCBC, Security Bank, and Union Bank

Also in the green ACEN Corp., Alternergy, Citicore REIT, First Gen, Semirara Mining, Shell Pilipinas, Manila Water, Petron, SPNEC, Jollibee Foods, Topline, Century Pacific Food, and Keepers Holdings.

Monde Nissin, Universal Robina, Megawide, Abacore, Citicore RT, Cebu Air, MacroAsia, PhilWeb, Filinvest REIT, AREIT, ABS-CBN, OceanaGold, GT Capital, JG Summit, LT Group, Globe Telecom, and PLDT, likewise finished the day up.

On the losing side were DigiPlus, Apex Mining, Ferronoux, Aboitiz Power, Basic Energy, Meralco, AgriNurture, Axelum, Emperador, Ginebra, Converge ICT, San Miguel Corp., DoubleDragon, Vista Land, Robinsons Retail, 7-Eleven (PhilSeven), SSI Group, Atlas Mining, and Steniel.

Unchanged stocks included Metrobank, Figaro Coffee, Vitarich, MREIT, DITO CME, Metro Retail, Wilcon Depot, and Haus Talk.