PSE Index Surges to A Milestone Level

The Philippine Stock Exchange (PSE) index surged to a milestone level today, closing at its highest price point of 6,247.68—up by 66.96 points or 1.08 percent.

The Philippine Stock Exchange (PSE) Index, April 2, 2025

Five of the sub-indices posted gains, with financials recovering from previous trading losses to a hefty upswing of 2.86 percent. Mining and oil rose by 1.58 percent, services advanced by 1.20 percent, property increased by 0.47 percent, and holding firms gained 0.39 percent.

Only the industrial sector declined, slipping by 0.38 percent.

Value turnover amounted to ₱6.06 billion, while net foreign selling reached ₱259 million, with foreign buying at ₱2.725 billion and foreign selling at ₱2.985 billion. 

Analysts were optimistic about the market’s recovery after the index dropped as low as 6,170.36 points. They anticipate a higher index amid a projected decline in interest rates, courtesy of the Bangko Sentral.

One notable development was the surge in the share price of PH Resorts, which jumped by 42.86 percent, along with gains in Integrated Micro-Electronics and DITO CME. The market recorded 110 gainers, 82 losers, and 54 unchanged stocks. Market bellwether SM Investments rose by ₱4 to ₱792.

Among the top gainers were BDO Unibank, Ayala Land, ICTSI, Bank of the Philippine Islands (BPI), Metrobank, Universal Robina, Philippine National Bank (PNB), Security Bank, Union Bank, National Reinsurance, DMCI Holdings, Robinsons Land, Megaworld, PhilWeb, Wilcon Depot, Semirara Mining, Manila Water, Emperador, ABS-CBN, GMA-7, DigiPlus, Nickel Asia, Philex Mining, Apex Mining, and Philodrill.

Stocks that declined included SM Prime, Meralco, PLDT, Jollibee Foods, Vantage Equities, Globe Telecom, Century Pacific Food, LT Group, DoubleDragon, Puregold, SSI Group, Atlas Mining, Ferro Nickel, Figaro Coffee, Aboitiz Equity Ventures, and Cosco Capital.

Stocks that remained unchanged were Aboitiz Power, Basic Energy, First Gen, SPNEC, Enex Energy, Belle Corp, Vista Land, Cebu Landmasters, and Robinsons Retail.