PSE Index Still Riding High, Ends Week Shy Of Milestone

The Philippine Stock Exchange (PSE) index closed Friday just two points shy of another milestone level, as foreign investors once again flocked to the market. It ended at 6,298.29 points, up by 78.33 points or 1.26 percent.

The Philippine Stock Exchange (PSE) Index, March 7, 2025

Only the property sub-index posted a loss, but it was minimal, declining by just 0.003 percent due to profit-taking.

Financials rose by 1.05 percent, holding firms increased by 0.24 percent, industrials edged up by 0.07 percent, mining and oil advanced by 0.70 percent, and services surged by a hefty 4.4 percent.

The aforementioned was driven by an 8.15 percent gain in top-traded ICTSI, which recorded ₱1.19 billion in trades and closed ₱29 higher at ₱385.

Foreign investors were net buyers, with ₱158 million in net foreign inflows. Foreign buying and selling amounted to ₱3.294 billion and ₱3.136 billion, respectively. Total trades reached ₱6.328 billion, with 105 gainers, 79 losers, and 57 unchanged stocks.

Among the gainers were BDO Unibank, Bank of the Philippine Islands (BPI), DigiPlus, JG Summit, Metrobank, Jollibee Foods, SM Prime, PhilWeb, Araneta Properties, PNB, Petron, Semirara Mining, SPNEC, Emperador, Figaro Coffee, Ginebra, Monde Nissin, Megawide, Shakey’s Pizza, Filinvest Land, Aboitiz Equity, Belle Corp, Nickel Asia, and Philodrill.

Among the losers were Universal Robina, MacroAsia, Century Properties, Aboitiz Power, Megaworld, GT Capital, DoubleDragon, MREIT, Robinsons Land, Globe Telecom, Converge, Bloomberry, and Wilcon Depot.

Market bellwether SM Investments led the list of unchanged stocks, which included Ayala Land, AC Energy, AgriNurture, Axelum, First Gen, Alliance Global, San Miguel, Puregold, OceanaGold, AREIT, Philex Mining, and Apex Mining.