PSE Index Surges With Two-Level Gain

The Philippine Stock Exchange (PSE) index surged on Tuesday, posting a two-level gain to close at 6,317.91 points, up 153.38 points or 2.49 percent.

The Philippine Stock Exchange (PSE) Index, January 6, 2026

This marked the first time in more than three years that the Top 10 most active stocks all ended in the green, with foreign investors turning net buyers and trading volume rising 33 percent.

Investors returned aggressively to beaten-down blue chips, led by Jollibee Foods Corp., which soared 14.05 percent to P210 to emerge as the most active stock, with P927 million worth of shares traded.

The stock had a volatile session, hitting an intraday low of P188.40.

The market’s euphoric surge followed a prolonged period of uncertainty as investors grappled with issues surrounding alleged corruption tied to ghost flood control projects, which had left the market largely directionless until Tuesday’s rally.

Market bellwether SM Investments Corp., which had also been weighed down in recent sessions, surged to an intraday high of P740 from a low of P711.50 and closed 3.38 percent higher at P735.

Other notable gainers included BDO Unibank, which rose 2.94 percent to P143.60; International Container Terminal Services Inc. (ICTSI), up 5.70 percent to P603; and Bank of the Philippine Islands, which firmed up by 2.46 percent to P121.

On the downside, Union Bank slipped 0.56 percent to P26.75, while Aboitiz Power declined 0.68 percent to P43.65.

Meralco gained 1.54 percent to P594, while First Gen surged 3.33 percent to P18.60.

Other notable losers included ACEN Corp., down 3.91 percent to P2.95, and Maynilad, which fell 1.38 percent to P17.12 despite reaching an intraday high of P17.64.

By sector, financials gained 2.14 percent, industrials rose 2.55 percent, holding firms climbed 1.85 percent, services surged 4.02 percent, mining and oil advanced 1.74 percent, while property stocks edged up 0.28 percent.

The strong performance in services was driven by ICTSI, a 1.93 percent rise in DigiPlus to P16.90, and gains in telecommunications stocks.

Globe Telecom rose 1.90 percent to P1,611, PLDT inched up 0.08 percent to P1,261, and Converge gained 1.22 percent to P14.94.

Value turnover reached P8.31 billion, with foreign trades accounting for P8.6 billion as investors played both sides of the market. Net foreign buying totaled P1.25 billion, with foreign buying at P4.96 billion and selling at P3.71 billion.

Gainers outnumbered losers nearly two to one, at 141 to 72, while 50 stocks were unchanged, including SPNEC, Semirara Mining, Citicore REIT, Synergy Grid, Philex Mining, Cebu Air, Topline, AREIT, and Haus Talk.

Among the gainers were Security Bank, China Bank, PNB, EastWest, SM Prime, Ayala Land, Metrobank, AgriNurture, Axelum, Petron, Century Pacific Food, Megawide, San Miguel, GMA Network, ABS-CBN, Robinsons Land, DMC Holdings, Belle Corp., Bloomberry, and Puregold.

Losers included Ayala Corp., GT Capital, JG Summit, DITO CME, Citicore REIT, Filinvest Land, and OceanaGold.