PSE Index Surges on Foreign Buying
- By The Financial District

- 28 minutes ago
- 2 min read
The Philippine Stock Exchange (PSE) index surged on strong foreign buying, closing at its intraday high of 6,487.53 points—up 97.72 points, or 1.53%.

All of the top 10 most active stocks ended in the green, although the mining and oil sub-index posted a 1.02% loss on profit-taking. Apex Mining fell 2.94% to ₱13.88, OceanaGold declined 2.56% to ₱38.00, and Philex Mining slipped 1.19% to ₱11.58 after hitting an intraday high of ₱11.84.
The services sector posted the strongest gain, rising 2.02%, as heavily traded International Container Terminal Services Inc. (ICTSI) jumped 3.2% to ₱628.
DigiPlus gained 4.59%, while PhilWeb surged 8.92% to ₱7.08. These gains offset losses in telecommunications stocks, with PLDT down 1.32% to ₱1,342, Globe Telecom slipping 0.54% to ₱1,651, and Converge falling 0.62% to ₱15.90.
Cebu Air also declined 0.15% to ₱33.25. The financials sector rose 1.45%, industrials gained 0.18%, holding firms advanced 1.14%, and property climbed 1.54%.
Market bellwether SM Investments closed at its highest price point of ₱745.50, up 0.74%, while SM Prime Holdings and Ayala Land posted gains of 2.78% to ₱24.00 and 1.72% to ₱23.60, respectively.
Aboitiz Power declined 0.79%, while Jollibee Foods rose 0.29% to ₱209.
Value turnover reached ₱7.28 billion, of which ₱7.03 billion came from foreign trades.
Net foreign buying amounted to ₱1.307 billion, with foreign purchases of ₱4.377 billion and sales of ₱3.070 billion.
The market recorded 115 gainers, 96 losers, and 58 unchanged issues, including Petron, Top Line, Vitarich, Cosco Capital, Filinvest Land, Puregold, and Global Estate.
Among the gainers were BDO Unibank, Bank of the Philippine Islands, Monde Nissin, Ayala Corp., Metrobank, Ginebra, Meralco, Abacore, Wilcon Depot, Century Pacific Food, LT Group, and Emperador.
Among the losers were Security Bank, ACEN Corp., Citicore RE, Aboitiz Equity Ventures, ABS-CBN, Universal Robina, First Gen, Manila Water, JG Summit, and San Miguel Corp.





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