PSE Index Up a Level in Muted Trade

The Philippine Stock Exchange (PSE) index rose a level with foreign investors still net sellers, closing at 5,949.22, a gain of 61.64 points or 1.05 percent in what analysts described as a bargain-hunting window that left sector performance mixed.

The Philippine Stock Exchange (PSE) Index, December 5, 2025

Financials slipped 0.15 percent, industrials declined 0.08 percent, and holding firms fell 0.45 percent. Services posted a hefty 3.93-percent gain on strong advances in transport and food stocks, which offset losses in utility shares.

Mining and oil rose 0.47 percent, while property climbed 0.82 percent.

ICTSI, Jollibee Foods, and Monde Nissin strengthened, rising 6.63 percent to ₱589.50, 1.47 percent to ₱179.60, and 0.51 percent to ₱5.97, respectively, cushioning the downturn in defensive utility stocks.

Meralco retreated 0.17 percent to ₱589, Maynilad fell 0.37 percent to ₱16.30, and Manila Water dropped 0.67 percent to ₱37.10.

Cebu Air was another notable gainer, up 1.59 percent to ₱32.

Market bellwether SM Investments slipped 0.07 percent to ₱709.50, after hitting an intraday high of ₱720 and a low of ₱708.50, as the market remained directionless amid corruption issues drawing investor scrutiny and expectations of weak economic numbers for the year.

Other conglomerates also declined, including GT Capital, down 0.54 percent to ₱557, and JG Summit, down 2.80 percent to ₱20.80.

Property giants Ayala Land and SM Prime lifted their sector, gaining 2.20 percent to ₱20.40 and 0.90 percent to ₱22.35, respectively. In mining, OceanaGold rose 0.68 percent to ₱29.70, and Apex Mining gained 0.92 percent to ₱11, while Philex Mining slipped 0.41 percent to ₱9.80.

Total trades amounted to ₱5.949 billion, while foreign transactions reached ₱6.2 billion as investors played both sides.

There was ₱598 million in net foreign selling, with ₱2.820 billion in buying and ₱3.418 billion in selling. A total of 69 shares were unchanged, including Universal Robina, ACEN Corp., PSE, Alternergy, Haus Talk, Aboitiz Power, Ayala Corp., DoubleDragon, and Cosco Capital.

Among the gainers were EastWest, First Gen, SMC Food and Beverage, DMCI Holdings, MRC Allied, VistaREIT, DM Wenceslao, LT Group, MREIT, Dito CME, PhilWeb, Philippine Seven, Wilcon Depot, and Axelum.

Losers included PNB, Union Bank, Basic Energy, Citicore REIT, Century Pacific Food, Keepers, Alliance Global, AbaCore, Aboitiz Equity, San Miguel, Robinsons Land, GMA-7, Converge, Bloomberry, Puregold, and Philodrill.