PSE Index Slips to Intraday Low
- By The Financial District

- 2 hours ago
- 2 min read
The Philippine Stock Exchange (PSE) index declined slightly on Wednesday, closing 18.95 points lower, or down 0.30 percent, at 6,389.81 points—its intraday low.

Financials and services accounted for most of the decline, losing 1.21 percent and 1.77 percent, respectively, as foreign investors took profits. Industrial stocks rose by 0.59 percent, holding firms gained 1.57 percent, mining and oil advanced 1.82 percent, and property edged up by 0.21 percent.
BDO Unibank retreated by 1.91 percent to ₱138.50, with foreign investors posting net selling of ₱179 million out of ₱416 million in trades.
Metrobank fell by 1.12 percent to ₱70.70, as net foreign selling reached ₱79 million out of ₱235 million.
In contrast, Bank of the Philippine Islands gained 0.08 percent to ₱124.00, with net foreign buying amounting to ₱105 million of ₱325 million in trades.
ICTSI emerged as the most active stock, recording ₱1.03 billion in trades, but slid by 3.41 percent to ₱608.50, its lowest level for the day. The stock earlier reached an intraday high of ₱629.50 as the index climbed to 6,444.11 points early in the session.
Market bellwether SM Investments rose by 1.37 percent to ₱740.00, after a volatile session that saw a high of ₱745.00 and a low of ₱725.00.
PLDT and Globe Telecom advanced by 3.03 percent to ₱1,360.00 and 1.22 percent to ₱1,660.00, respectively, though losses in ICTSI weighed heavily on the services sub-index.
Financials were further dragged down by UnionBank, which slipped 0.56 percent to ₱26.85, and PNB, which declined 0.16 percent to ₱61.90.
Value turnover reached ₱6.9 billion, of which ₱6.3 billion came from foreign trades. Net foreign buying totaled ₱291 million, with foreign buying at ₱3.30 billion and selling at ₱3.03 billion.
There were 95 gainers, 97 losers, and 71 unchanged shares, including Converge, DITO CME, Monde Nissin, First Gen, Megaworld, Emperador, and Ginebra.
Among the gainers were Ayala Corp., Jollibee Foods, DigiPlus, Apex Mining, OceanaGold, Security Bank, Alternergy, and Meralco. Losers included ACEN Corp., SM Prime, Maynilad, DMC Holdings, ABS-CBN, Aboitiz Equity Ventures, and Century Food.





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