PSE Index Plunges Another Level Down

By The Financial District
5 minutes ago
2 min read

The Philippine Stock Exchange (PSE) index plunged another level Friday as blue chips posted hefty declines, closing 76.22 points or 1.31% lower at 5,759.37 points.

The Philippine Stock Exchange (PSE) Index, November 7, 2025

The market rout also weighed on the IPO launch of Maynilad Water, which closed 0.13% lower at ₱14.98, despite two block sales executed at its IPO price of ₱15 worth more than ₱5 billion.

Market bellwether SM Investments declined further by 1.75% to ₱702, while property giants Ayala Land and SM Prime slumped 4.37% to ₱19.70 and 5.05% to ₱20.70, respectively.

Other big blue-chip losers included Universal Robina, down 4.48% to ₱71.50; Meralco, which shed 1.80% to ₱545; Ayala Corp., down 4.40% to ₱438.80; and Aboitiz Equity Ventures, down 0.72% to ₱27.40.

By sector, Property dropped 3.20%, Industrial declined 2.06%, Holding Firms fell 2%, and Financials lost 1.14%. The Services and Mining and Oil sectors bucked the trend, rising 1.72% and 2.17%, respectively.

ICTSI powered the services sub-index, gaining 2.86% to ₱540, while gaming stock DigiPlus climbed 4.55% to ₱25.30.

In mining and oil, OceanaGold advanced 3.70% to ₱28, Apex Mining rose 3.31% to ₱9.35, and Philex Mining jumped 5.03% to ₱7.93. Other gainers included San Miguel Corp., up 1.34% to ₱68, and Philodrill, up 1.04%.

Value turnover reached ₱14.17 billion, with foreign investors net buyers of ₱4.978 billion, as foreign buying totaled ₱9.460 billion against ₱4.978 billion in foreign selling.

Market breadth showed 72 gainers, 117 losers, and 52 unchanged issues, including Bank of the Philippine Islands, PSE, SP New Energy Corp. (SPNEC), Ginebra San Miguel, Shell Pilipinas, and ABS-CBN.

Among the gainers were China Bank, Manila Water, Petron, DoubleDragon, DITO CME, Cebu Air, Synergy Grid, Atlas Mining, MRC Allied, Integrated Micro, and Citicore REIT.

Among the losers were Security Bank, BDO Unibank, PLDT, PNB, Alternergy, Alliance Global, JG Summit, GT Capital, LT Group, Victorias Milling, Megawide, and ACEN Corp.