PSE Index Surges To Another Milestone

The Philippine Stock Exchange (PSE) Index surged to another milestone today, buoyed by net foreign buying, pushing all sub-indices higher.

The Philippine Stock Exchange (PSE) Index, March 6, 2025

The index closed at 6,219.96 points, up 98.19 points or 1.60 percent. Today's market performance was lower than the index's peak in the middle of trading, as investors pocketed their gains after the index hit a high of 6,275.34 points.

It was another property-driven rally, with Ayala Land and SM Prime leading the charge, pushing the property sub-index up 1.87 percent.

Holding firms gained 1.50 percent, boosted by a ₱16 increase in market bellwether SM Investments, as well as gains in Ayala Corp., GT Capital, and LT Group. Financials rose 1.02 percent, while the industrial sector edged up 0.82 percent. Services and mining & oil climbed 2.66 percent and 3.58 percent, respectively.

There was net foreign buying of ₱319 million, with foreign buying at ₱3.731 billion and foreign selling at ₱3.41 billion. Value turnover amounted to ₱6.8 billion.

Bank of the Philippine Islands (BPI) was the most active stock, with ₱1.03 billion in trades, rising 1.17 percent to ₱130, up ₱1.50. BDO Unibank followed with ₱743 million in trades, climbing ₱2.10 to ₱155, up 1.37 percent.

There were 108 gainers, 82 losers, and 59 unchanged stocks.

Among the gainers were ICTSI, Meralco, Manila Water, Metrobank, Security Bank, Union Bank, ACEN Corp., SPNEC, Ginebra, Monde Nissin, CEMEX Holdings, PLDT, Vista Land, VistaREIT, Robinsons Land, DoubleDragon, MREIT, Megaworld, ABS-CBN, GMA-7, San Miguel, and AREIT.