PSE Index Powers Higher as Positive Sentiment Returns
- By The Financial District

- Sep 18
- 2 min read
The Philippine Stock Exchange (PSE) index climbed to 6,210.66 points on Wednesday, up 61.92 points or 1.01 percent, as positive sentiment returned to the market.

The rally lifted even second- and third-liners, with value turnover surging 67 percent and all sub-indices posting gains.
Foreign investors came in strong, recording net buying of ₱693 million on foreign inflows of ₱4.773 billion against foreign selling of ₱4.079 billion. Total trades reached ₱10 billion, led by International Container Terminal Services Inc. (ICTSI), which was the top-traded stock at ₱1.43 billion.

ICTSI gained 3.26 percent to ₱507, marking the first time it breached the ₱500 level. Second- and third-liners also benefited from the upbeat market mood.
Construction innovator Megawide rose 6.75 percent to ₱2.53, while renewables firm Alternergy inched up 1.11 percent to ₱0.91 after reporting a 28 percent increase in profits to ₱165 million and disclosing a ₱6-billion war chest for four wind, solar, and hydro projects.
Market bellwether SM Investments gained 0.54 percent to ₱745, while Ayala Corp. rose 1.96 percent to ₱519, powering holding firms to a 0.88 percent gain.
BDO Unibank advanced 0.85 percent to ₱143, and Bank of the Philippine Islands (BPI) climbed 2.10 percent to ₱112, driving financials up 1.02 percent.
Industrials rose 0.16 percent, services 1.90 percent, mining and oil 1.47 percent, and property 0.26 percent.
Gaming stock DigiPlus lagged, falling 4.10 percent to ₱22.20 and dragging Bloomberry down 2.57 percent to ₱3.41. Meralco slipped 0.36 percent to ₱556, while San Miguel Corp. dropped 1.44 percent to ₱58.05.
Market breadth was positive, with 104 gainers, 83 losers, and 59 unchanged, including Converge, ACEN Corp., Citicore REIT, Vitarich, Ginebra, Integrated Micro-Electronics, and Dito CME.
Among the notable gainers were Puregold, SM Prime, Metrobank, Citystate Savings, Aboitiz Power, Semirara Mining, Topline, DMCI Holdings, Aboitiz Equity, Abacore, Globe Telecom, PLDT, AREIT, GT Capital, Axelum, and Century Pacific Food.
Losers included Ayala Land, Wilcon Depot, Union Bank, Basic Energy, First Gen, Shell Pilipinas, Alliance Global, Cosco Capital, Belle Corp., OceanaGold, Atlas Mining, Apex Mining, and Cebu Air.





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