PSE Index Up in Roller-Coaster Ride

The Philippine Stock Exchange (PSE) index rose in a roller-coaster session, gaining 68.50 points, or 1.08 percent, to close at 6,398.60.

The Philippine Stock Exchange (PSE) Index, January 22, 2026

Mining and oil was the lone loser, declining 1.82 percent, as investors pocketed gains after recent advances.

Trading was volatile, with the index climbing to an intraday high of 6,413.07 before tumbling to a low of 6,341.51, then recovering toward the close.

Holding firms posted the biggest gain, up 1.27 percent, as market bellwether SM Investments climbed 1.99 percent to ₱790, aided by GT Capital, which rose 1.08 percent to ₱655.

Financials advanced 1.02 percent, industrials gained 0.89 percent, services rose 0.96 percent, and property added 0.58 percent.

Apex Mining fell 3.82 percent to ₱15.12, OceanaGold declined 2.50 percent to ₱39.00, and Philex Mining slid 1.97 percent to ₱10.96, as investors locked in profits following the surge in gold prices to $4,850 per ounce.

ICTSI emerged as the most active stock, with ₱1.256 billion in trades, rising 0.80 percent to ₱630. BDO Unibank climbed 1.60 percent to ₱140, while Metrobank closed 1.90 percent higher at ₱72.25.

PLDT advanced 1.95 percent to ₱1,360, and SPNEC surged 15.04 percent to ₱1.30.

Value turnover totaled ₱6.59 billion, while foreign trades reached ₱7.3 billion.

Net foreign buying amounted to ₱284 million, with foreign buying at ₱3.792 billion and selling at ₱3.508 billion.

Market breadth was positive, with 116 gainers, 82 losers, and 61 unchanged issues, including Ayala Land, Topline, National Reinsurance, Alternergy, Abacore, AREIT, and MREIT.

Among the gainers were Jollibee Foods, SM Prime, Globe Telecom, Megawide, ACEN Corp., DigiPlus, PSE, Nickel Asia, Maynilad, Petron, Converge, Cebu Air, and Bloomberry.

Decliners included First Gen, Aboitiz Power, Atlas Mining, Monde Nissin, Robinsons Land, PhilSeven, DITO CME, and Vista Land.