PSE Index Tops 6,000-Point Level

The Philippine Stock Exchange (PSE) index topped the 6,000-point level for the first time in two weeks on Friday, but trading remained muted despite gains across all sub-indices, as foreign investors stayed cautious about the local market.

The Philippine Stock Exchange (PSE) Index, December 12, 2025

The benchmark closed at 6,036.72 points, up 46.72 points or 0.78 percent.

Mining and Oil posted the biggest gain, surging 1.95 percent, as investors returned to gold-related stocks following declines that dampened earlier speculative fever over gold prices, which recently hit a record above $4,200 per ounce.

Apex Mining and Atlas Consolidated Mining both climbed 3.09 percent, closing at ₱11.34 and ₱5.67, respectively. OceanaGold rose 2.80 percent to ₱29.40.

The market opened above the 6,000-point level but gradually slipped to 5,993.24 points before rebounding to an intra-day high of 6,062.59 points, then settling 26 points lower at the close.

Pessimism persisted despite broad sectoral gains, as reflected in trades of market bellwether SM Investments, which ended unchanged for the third straight session at ₱700, with trades worth ₱231 million, of which ₱167 million came from foreign selling.

Industrials advanced 0.97 percent, while Holding Firms gained 0.35 percent. Financials, Services, Property, and Industrials rose 1.05 percent, 0.14 percent, 1.40 percent, and 0.97 percent, respectively.

Universal Robina’s 3.17 percent rise to ₱65 helped offset declines in Meralco, down 0.59 percent to ₱590.50; First Gen, down 1.69 percent to ₱17.50; and ACEN Corp., lower by 1.49 percent to ₱2.65.

BDO Unibank, the most active stock with ₱599 million in trades, climbed 4.26 percent to ₱127.20, offsetting losses in Bank of PI and Metrobank, which fell 1.69 percent to ₱115.20 and 1.21 percent to ₱65.20, respectively.

Gaming stock DigiPlus slumped 9.47 percent to ₱17.20, but losses were tempered by gains in ICTSI, up 0.33 percent to ₱610; PLDT, up 1.98 percent to ₱1,285; and DITO CME, which gained 4.84 percent to ₱0.65.

Converge rose 5.31 percent to ₱15.48. Property giants SM Prime climbed 2.94 percent, while Ayala Land advanced 0.93 percent to ₱21.70.

Value turnover reached ₱7.27 billion, including ₱1.7 billion in block sales involving Philweb (₱1.05 billion), BDO Unibank (₱140 million), and Bank of PI (₱100 million). Net foreign selling totaled ₱307.4 million, with foreign buying at ₱2.97 billion and foreign selling at ₱3.27 billion.

There were 92 gainers, 96 losers, and 57 unchanged, including San Miguel, Puregold, Aboitiz Equity, Petron, PSE, Haus Talk, MacroAsia, and Philweb.

Gainers included Security Bank, Union Bank, PNB, China Bank, National Reinsurance, Aboitiz Power, Maynilad, Manila Water, Semirara Mining, Top Line, Ginebra, AgriNurture, Century Food, Abacore, GT Capital, JG Summit, AREIT, Vista Land, Century Properties, and Transpacific Broadband.

Decliners were SPNEC, Axelum, Integrated Micro, Cosco Capital, Asiabest Group, Century Landmasters, LT Group, MREIT, ABS-CBN, GMA Network, Cebu Air, Wilcon Depot, and Nickel Asia.