PSE Index Recovers on Bargain Hunting

The Philippine Stock Exchange (PSE) index recovered Tuesday on bargain hunting, closing at 6,122.71, up 20.85 points or 0.34 percent.

The Philippine Stock Exchange (PSE) Index, September 9, 2025

The market had a volatile run, hitting a low of 6,100.23 that spurred buying momentum to a high of 6,142.30 before cooling off at the close. Only the Industrials sector declined, down 0.93 percent as Universal Robina slipped 2.29 percent to ₱76.70.

Speculative activity in gold continued to fuel the Mining and Oil index, which posted the biggest gain at 2.11 percent.

Financials rose 0.29 percent, while Holding Firms inched up 0.004 percent despite market bellwether SM Investments falling 0.40 percent to ₱748. Services gained 0.64 percent, and Property advanced 1.66 percent.

Telco stocks underperformed, with Globe Telecom falling 2.99 percent to ₱1,523 and Converge down 1.39 percent to ₱14.20.

DigiPlus slipped 0.10 percent to ₱19.90, while Meralco and Manila Water lost 1.11 percent to ₱535 and 1.25 percent to ₱39.50, respectively. PLDT, however, rose 0.89 percent to ₱1,128.

Jollibee Foods dropped 2.49 percent to ₱227. Among the top decliners were Vista Land, down 4.76 percent to ₱1.20, and AllHome, down 3.75 percent to ₱0.385. Value turnover amounted to ₱6.22 billion, while net foreign selling persisted at ₱215 million, with foreign buying of ₱2.842 billion against foreign selling of ₱3.052 billion.

Among the gainers were ICTSI, Bank of the Philippine Islands (BPI), JG Summit, Transpacific Broadband, PhilWeb, Bloomberry, GT Capital, and PNB.

Among the losers were ACEN Corp., AREIT, Vitarich, San Miguel, Filinvest Land, DoubleDragon, First Gen, Synergy Grid, ABS-CBN, Abacore, and Philex Mining.

Unchanged issues included Megaworld, Security Bank, Citicore REIT, Monde Nissin, Cosco Capital, and Emperador.