PSE Index Slumps Below 6,000-Point Level

The Philippine Stock Exchange (PSE) index slumped below the 6,000-point level, with all sub-indices posting hefty losses as investors sold positions amid rising political risk, compounded by the announcement of a long Christmas holiday break.

The Philippine Stock Exchange (PSE) Index, December 18, 2025

The index closed at 5,920.87 points—its intraday low—down 110.61 points or 1.83%. The services sector posted the biggest decline, falling 3.25% as telecom stocks slid.

Financials recorded the second-largest loss at 1.76%, followed by mining and oil, down 1.63%. Industrials retreated 1.35%, holding firms lost 0.44%, and property declined 1.06%.

Market bellwether SM Investments ended unchanged at ₱700.00, while ICTSI emerged as the most active stock, with ₱2.94 billion worth of shares traded, though it slipped 1.33% to ₱549.50.

Meralco dropped 2.87% to ₱575.00, while Maynilad bucked the trend, rising 0.75% to ₱16.16.

Property heavyweights Ayala Land and SM Prime fell 3.18% to ₱21.30 and 1.33% to ₱22.20, respectively, dragging the sector lower.

DigiPlus surged 7.89% to ₱16.40, helping cushion losses in the services sector, even as telecom stocks PLDT, Globe Telecom, and Converge declined 1.42% to ₱1,252, 3.43% to ₱1,549, and 3.59% to ₱14.50, respectively.

Another notable decliner was Jollibee Foods, which slipped 0.55% to ₱181.00.

Value turnover reached ₱18.68 billion, with foreign trades accounting for ₱16.1 billion. Net foreign selling stood at ₱103 million, with foreign buying at ₱8.012 billion and foreign selling at ₱8.115 billion.

There were 65 gainers, 110 losers, and 75 unchanged stocks, including Puregold, Suntrust, National Reinsurance, Citicore REIT, Semirara Mining, Shell Pilipinas, DITO CME, and Robinsons Land.

Among the gainers were ABS-CBN, OceanaGold, AREIT, Coal Asia, Maynilad, ACEN Corp., Alternergy, Axelum, Emperador, PNB, Citystate Savings, Alliance Global, GT Capital, Century Property, and DoubleDragon. Losers included BDO Unibank, Bank of the Philippine Islands, Manila Water, Apex Mining, Philex Mining, Aboitiz Equity Ventures, and First Gen.