PSE Index Surges, Ends Above Support Level

The Philippine Stock Exchange (PSE) index surged Wednesday, clawing back Tuesday’s losses to close above its support level with a 128.10-point gain, or 2.08 percent higher, at 6,273.34.

The Philippine Stock Exchange (PSE) Index, August 27, 2025

ICTSI and gaming stock DigiPlus lifted the market with significant gains, rising 3.97 percent, as the two counters offset losses in telco stocks, which continued to face negative sentiment following the enactment of the Konektadong Pinoy Act.

The strong performance of ICTSI and DigiPlus more than tempered steep declines in PLDT, Globe Telecom, and Converge.

ICTSI jumped 7.02 percent to ₱485, while DigiPlus also advanced strongly, boosting other shares. BDO Unibank led the upswing in financials with a 6.86 percent climb to ₱140.20, emerging as the most actively traded stock with ₱1.42 billion in turnover.

Citystate Savings, Bank of the Philippine Islands, UnionBank, and Security Bank also gained, though Metrobank and PNB buckled under selling pressure.

Market bellwether SM Investments, together with Aboitiz Equity, GT Capital, and LT Group, pulled holding firms lower by 0.52 percent. Industrials rose 0.33 percent, mining and oil advanced 2.41 percent, and property climbed 2.71 percent.

Total value turnover reached ₱8.64 billion. Market breadth was positive with 117 gainers, 100 losers, and 39 unchanged.

There was net foreign selling of ₱41 million, with foreign buying at ₱4.138 billion against ₱4.179 billion in selling.

Among the stocks in the green were Ayala Land, Apex Mining, Atlas Mining, OceanaGold, Philex Mining, Manila Water, JG Summit, Cosco Capital, Megaworld, Universal Robina, and Bloomberry.

Meralco, First Gen, AbaCore, MacroAsia, PhilWeb, Megawide, Citicore REIT, and Cebu Air ended trading in the red. Meanwhile, unchanged stocks included ACEN Corp., AgriNurture, and ABS-CBN.