PSE Index Surges Beyond Psychological 6,000-Point Level on Blue-Chip Gains
- By The Financial District
- 3 minutes ago
- 2 min read
The Philippine Stock Exchange (PSE) index surged past the psychological 6,000-point level as blue chips rose at the close, with foreign investors trading briskly in both directions, enabling the market to finish at its intraday high of 6,021.59 points — up 24.46 points, or 0.41 percent.

Sectoral performance was mixed, with losses in services and financials offset by hefty advances in industrial, property, and holding firms, which rose by 1.33 percent, 1.27 percent, and 1.09 percent, respectively.
The mining and oil sub-index also boosted the PSE as it finally broke through, inching up by 0.65 percent.
ICTSI, the second most active stock with ₱1.67 billion in turnover, fell by 0.90 percent to ₱550 and, together with declines in PLDT, which retreated 0.69 percent to ₱1,301, and Cebu Air, down 0.16 percent to ₱30.60, accounted for the 0.22 percent loss in the services sector.
Financials dipped 0.14 percent as BDO Unibank slipped 1.90 percent to ₱129, while Bank of PI, the most active with ₱2.74 billion, was steady at ₱113.
Among the day’s most active issues were Meralco, which strengthened 4.04 percent to ₱618; Ayala Corp, up 2.42 percent to ₱448.60; Converge, which climbed 2.90 percent to ₱14.90; Ayala Land, up 2.62 percent to ₱21.55; and mining stocks OceanaGold and Apex Mining, which advanced 4.42 percent to ₱27.15 and 0.44 percent to ₱9.10, respectively.
Market bellwether SM Investments had slipped to ₱712 earlier but later recovered to ₱728, unchanged.
The market opened slightly higher than Friday’s close but pared its gains as investors took profits, resulting in an intraday low of 5,918.51 points before marching upward to its highest point at the close.
Foreign investors traded in both directions, with total trades amounting to ₱19.16 billion — ₱9.172 billion in buying against ₱9.988 billion in selling — for net foreign selling of ₱815 million.
Value turnover, however, totaled ₱13.68 billion. Traders cheered the upswing in today’s transactions, particularly the break above the psychological 6,000-point level.
There were 109 gainers, 72 losers, and 64 unchanged issues, including Bank of PI, SM Investments, Bloomberry, PSE, Philodrill, Citicore RT, Basic Energy, and Cosco Capital.
Among the gainers were Metrobank, Golden Haven, GT Capital, JG Summit, San Miguel, Semirara Mining, Globe Telecom, Philweb, ACEN Corp., Century Food, Ginebra, Monde Nissin, Alliance Global, DMC Holdings, ABS-CBN, GMA-7, Haus Talk, SPNEC, Cebu Landmasters, Security Bank, UnionBank, Aboitiz Power, First Gen, and Puregold.
Among the losers were SM Prime, Jollibee Foods, Alternergy, SMC Food and Beverage, Universal Robina, Atlas Mining, Megaworld, DITO CME, Integrated Micro, Shell Pilipinas, MacroAsia, Keepers, EastWest, China Bank, and Vista Land.





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