PSE Index Slips Slightly as Pessimism Persists

The Philippine Stock Exchange (PSE) index dipped slightly on Wednesday, closing at 6,120.09, down 2.62 points or 0.04 percent, as market pessimism lingered.

The Philippine Stock Exchange (PSE) Index, September 10, 2025

The benchmark rallied to an intra-day high of 6,151.73 before succumbing to selling pressure, sliding by 30 points.

Market participants pointed to continuing concerns over the Konektadong Pinoy Act and the ongoing probe into “ghost projects,” which has fueled calls from citizens to cut taxes amid allegations of public funds being funneled into bogus flood-control projects involving legislators and government officials.

By sector, only Financials and Property posted gains, up 0.88 percent and 1.27 percent, respectively. BDO Unibank and Bank of the Philippine Islands advanced, while PNB and Metrobank declined, with Metrobank closing at P68.90 after hitting a high of P69.60.

Holding firms slipped 0.08 percent, Industrials fell 0.29 percent, Services dropped 1.76 percent, and Mining and Oil lost 0.68 percent.

Foreign investors were net sellers for the session, offloading P41 million, with foreign buying at P3.736 billion against foreign selling of P3.777 billion. Value turnover amounted to P7.28 billion.

Market bellwether SM Investments gained, but this was offset by losses in Ayala Corp. and GT Capital. GT Capital closed at P672 after reaching P682.50, while Ayala Corp. ended at P520 after hitting P534.50.

Market breadth was positive with 97 gainers, 91 losers, and 69 unchanged, including Cosco Capital, AREIT, Cebu Landmasters, Vista Land, and Philodrill.

Among the gainers were Semirara Mining, Security Bank, Union Bank, Century Pacific Food, Globe Telecom, Ayala Land, SM Prime, Robinsons Land, San Miguel, DMCI Holdings, Monde Nissin, Vitarich, Bloomberry, ABS-CBN, Megaworld, and Aboitiz Equity.

Losers included Aboitiz Power, Atlas Mining, Nickel Asia, OceanaGold, Philex Mining, Alternergy, Universal Robina, and Ginebra San Miguel.