PSE Index Rises 0.36% as Mining Stocks and Ayala Firms Lift Market

The Philippine Stock Exchange (PSE) index extended its gains on Thursday, closing at 6,325.15, up 22.65 points, or 0.36%, after a volatile trading session.

The Philippine Stock Exchange (PSE) Index, July 16, 2026

The benchmark index traded between an intraday high of 6,378.47 and a low of 6,302.93 as investors actively traded blue-chip stocks.

The mining and oil sub-index led sectoral gainers, rising 2.90%, as heightened geopolitical tensions in the Middle East fueled investor interest in gold-related stocks.

Other sectoral indices also finished higher, with financials up 0.88%, holding firms up 0.95%, and property up 0.74%.

Meanwhile, industrials slipped 0.006%, while services declined 0.23%.

The services index was weighed down by market favorite International Container Terminal Services Inc. (ICTSI), which fell on profit-taking. ICTSI touched an intraday high of ₱1,018.00 before dropping to a low of ₱990.00, ending the session down 0.90%.

Ayala Corp. rebounded 3.64% to ₱484.00, while its property unit, Ayala Land Inc. (ALI), climbed to ₱16.08 after Ayala Corp. disclosed that it had purchased 2.5 million ALI shares at an average price of ₱16.046 per share.

Total market turnover increased 16% to ₱7.4 billion.

Foreign trades reached ₱8.62 billion, consisting of ₱4.411 billion in foreign buying and ₱4.216 billion in foreign selling, resulting in net foreign buying of ₱195 million.

Market breadth remained positive, with 117 gainers, 78 losers, and 57 unchanged issues.