PSE Index Up Anew in Muted Trade

The Philippine Stock Exchange (PSE) index rose again on Friday in muted trade, as many investors stayed on the sidelines.

The Philippine Stock Exchange (PSE) Index, October 3, 2025

The benchmark closed at 6,108.86, up by 69.10 points or 1.14 percent.

Services and industrials led the advance, climbing 3.47 percent and 1.39 percent, respectively. ICTSI, the day’s most active issue with ₱1.12 billion in trades, towed the index higher with a 5.35 percent gain.

Universal Robina spearheaded the industrial sector, rising 2.61 percent to ₱72.80.

Financials edged up 0.06 percent, while property gained 0.86 percent as Ayala Land rose 0.83 percent to ₱24.20 and SM Prime added 1.12 percent to ₱22.65. Mining shares retreated on profit-taking after a weeklong rally fueled by record gold prices.

Apex Mining fell 3.18 percent to ₱10.36, OceanaGold dropped 1.98 percent to ₱27.25, and Philex Mining slipped 4.55 percent to ₱8.40.

Aside from mining and oil, which fell 2.06 percent, holding firms also dipped by 0.07 percent as SM Investments slid 1.32 percent to ₱745.00 and Aboitiz Equity declined 1.61 percent to ₱30.50.

Abacus Securities analyst Rene de los Reyes said market optimism remained subdued due to corruption issues in infrastructure projects and another looming protest action set for November 30.

Value turnover was 25 percent below the daily average, reaching only ₱4.5 billion.

Market breadth was positive, with 111 gainers, 79 losers, and 63 unchanged, including BDO Unibank, SPNEC, Figaro Coffee, Century Properties, and Filinvest Land.

Among the gainers were Bank of PI, Jollibee Foods, JG Summit, Aboitiz Power, Citicore RE, First Gen, Manila Water, Converge, Globe Telecom, PLDT, PhilWeb, and PNB.

Losers included Metrobank, Megaworld, Bloomberry, Cebu Air, PSE, Citystate Savings, Belle Corp., and Ginebra.