PSE Index Surges a Level Up
- By The Financial District
- 10 minutes ago
- 2 min read
The Philippine Stock Exchange (PSE) index surged Tuesday, closing a level up at 6,474.60, its intraday high, for a gain of 125.44 points or 1.98 percent.

All sub-indices finished in the green, with services posting the biggest increase at 4.40 percent, powered by the top-traded ICTSI, which rose 6.35 percent to P670. Financials climbed 1.44 percent, industrials 0.29 percent, holding firms 1.18 percent, mining and oil 0.47 percent, and property 0.44 percent.
Investors returned to the market, with the index touching its intraday low at the open before pushing higher as foreign investors remained bullish.
Net foreign buying reached P1.009 billion, following the strengthening of the peso and perceived better economic prospects after inflation came in below 2 percent.
Jollibee Foods rose 1.01 percent to P200, BDO Unibank gained 2.32 percent to P141, Apex Mining advanced 2.18 percent to P14.98, JG Summit climbed 2.86 percent to P28.75, Ayala Land increased 1.41 percent to P21.55, and Ayala Corp. closed 4.19 percent higher at P571.50.
However, market bellwether SM Investments slipped 0.21 percent to P702.50, although it touched a high of P710, while China Bank declined 0.52 percent to P67.05.
Value turnover amounted to P6.85 billion, while foreign trades reached P6.9 billion, with foreign buying at P4.003 billion and foreign selling at P2.993 billion.
There were 110 gainers, 90 losers, and 63 unchanged issues, including Megaworld, SPNEC, Alternergy, Integrated Micro, Philodrill, Belle Corp., STI Holdings, AREIT, Century Properties, and Manila Water.
Among the gainers were Aboitiz Equity, Metrobank, Abacore, DITO CME, PNB, Union Bank, PSE, ACEN Corp., Aboitiz Power, Monde Nissin, SM Prime, Converge, Bloomberry, Philex Mining, OceanaGold, Maynilad, and Haus Talk.
Words
Losers included Security Bank, Dominion Holdings, Sun Life, Citicore REIT, Semirara Mining, Century Pacific Food, Universal Robina, Globe Telecom, PLDT, DigiPlus, Cebu Air, GT Capital, Atlas Mining, and Petron.





![TFD [LOGO] (10).png](https://static.wixstatic.com/media/bea252_c1775b2fb69c4411abe5f0d27e15b130~mv2.png/v1/crop/x_150,y_143,w_1221,h_1193/fill/w_179,h_176,al_c,q_85,usm_0.66_1.00_0.01,enc_avif,quality_auto/TFD%20%5BLOGO%5D%20(10).png)








