PSE Index Tumbles Again
- By The Financial District
- 2 minutes ago
- 1 min read
The Philippine Stock Exchange (PSE) index fell 66.44 points, or 1.09 percent, to close at 6,042.28 on Thursday—just inches above its support level.

All sectoral indices ended in the red, with mining and oil posting the steepest drop at 2.81 percent. OceanaGold plunged 8.93 percent to ₱22.95, while Apex Mining slid 3.06 percent to ₱9.50.
Holding firms retreated 1.79 percent as market bellwether SM Investments lost 1.60 percent to ₱737 and GT Capital shed 1.75 percent to ₱590.
Financials slipped 0.33 percent, industrials fell 1.43 percent, services eased 0.19 percent, and property dropped 1.36 percent, dragged by Ayala Land (-0.60 percent to ₱26) and SM Prime (-1.50 percent to ₱23).
Value turnover reached ₱6.97 billion, with net foreign buying of ₱574 million. Foreign investors bought ₱4.21 billion worth of shares and sold ₱3.64 billion.
The main index hit an intraday low of 6,032.20 after peaking at 6,120.89. Market breadth was negative, with 134 losers outnumbering 64 gainers, while 50 issues—including PNB and Citicore REIT—were unchanged.
Top gainers included Bank of PI, Philex Mining, DigiPlus, MacroAsia, Bloomberry, Metrobank, AbaCore, Globe Telecom, Aboitiz Power, ACEN Corp, and AREIT.
Among the biggest losers were BDO Unibank, Century Pacific Food, ICTSI, Meralco, Manila Water, Ayala Corp., Alternergy, Petron, JG Summit, SPNEC, Emperador, Monde Nissin, and Megawide.