PSE Index Up Fractionally on Services Surge

The Philippine Stock Exchange (PSE) index rose fractionally today after limping throughout the session, lifted only by a late surge in the services sub-index.

The Philippine Stock Exchange (PSE) Index, December 2, 2025

Services climbed 1.95 percent, resulting in a 5.11-point or 0.09 percent gain for the benchmark, which closed at 5,994.40, placing it once again within sight of the 6,000-point psychological barrier.

Port operator ICTSI, which firmed up by 3.20 percent to ₱565, and telco stocks Globe Telecom and PLDT, up 0.68 percent to ₱1,628 and 0.08 percent to ₱1,280 respectively, offset the drop in gaming stock DigiPlus, down 2.06 percent to ₱23.80.

The gains were enough to power the services sector and overwhelm losses in financials (-0.96%), industrials (-0.02%), holding firms (-0.52%), and mining and oil (-1.44%), which took the sheen off gold’s global rally.

In the mining sector, Apex Mining fell 3.19 percent to ₱10.94, OceanaGold slipped 1.38 percent to ₱28.55, and Philex Mining declined 1.95 percent to ₱9.53 as investors cashed in profits despite record gold prices.

Philodrill rose 1.08 percent to ₱0.0094 as investors prepared to accumulate shares ahead of a projected oil drilling operation, where the firm is carried in three exploratory wells.

The property sub-index added 0.02 percent, helping lift the benchmark further as AREIT, Robinsons Land, and Megaworld offset a 1.93-percent drop in property giant Ayala Land to ₱20.35.

SM Prime was unchanged at ₱22.40. AREIT, RLC, and Megaworld rose 0.59 percent to ₱42.35, 1.40 percent to ₱15.94, and 0.98 percent to ₱2.06, respectively.

Newly listed Maynilad gained 0.88 percent to ₱16.04, while market bellwether SM Investments declined 0.69 percent to ₱715. In financials, BDO Unibank lost 1.54 percent to ₱127.50, BPI dropped 1.61 percent to ₱116, while Metrobank bucked the trend with a 0.30-percent rise to ₱66.

Foreign trades amounted to ₱6.6 billion, with foreign investors actively playing both sides.

Net foreign selling totaled ₱179 million, with foreign buying at ₱3.267 billion against foreign selling of ₱3.447 billion. Value turnover reached ₱5.47 billion, with 97 gainers, 95 losers, and 59 unchanged, including San Miguel, Jollibee Foods, Abacore, National Reinsurance, Basic Energy, Dito CME, Cosco Capital, and Citicore REIT.

Among the gainers were Robinsons Retail, Puregold, First Gen, Emperador, GT Capital, China Bank, EastWest, Security Bank, Alternergy, Aboitiz Power, Megawide, Integrated Micro, Synergy Grid, Cebu Air, ABS-CBN, PhilWeb, Atlas, and Nickel Asia.

Among the losers were Ayala Corp., SPNEC, Union Bank, PNB, ACEN Corp., Citicore RE, Petron, Manila Water, Shell Pilipinas, Topline, D&L Industries, Keepers, GMA-7, JG Summit, DoubleDragon, Converge, Belle Corp., Bloomberry, and Alliance Global.