PSE Index Up Just a Tad Higher

The Philippine Stock Exchange (PSE) index rose slightly on Thursday, gaining 13.73 points or 0.23 percent to close at 6,039.76, with optimism still in low gear.

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

Property giants Ayala Land and SM Prime retreated, falling 1.64 percent to ₱24.00 and 2.18 percent to ₱22.40, respectively, dragging the property index down by 1.20 percent.

The market also remained weighed down by continued foreign selling, with net foreign outflows totaling ₱762 million on foreign buying of ₱3.049 billion against ₱3.811 billion in sales.

Gains in holding firms helped steady sentiment, as the sub-index rose 1.26 percent. Market bellwether SM Investments advanced 2.03 percent to ₱755, while GT Capital climbed 1.75 percent.

Mining stocks extended their rally on speculation over rising gold prices, lifting the mining and oil index by 2.20 percent.

Apex Mining rose 0.94 percent to ₱10.70, OceanaGold gained 2.02 percent to ₱27.80, and Philex Mining added 1.50 percent to ₱8.80.

The industrial index inched up 0.12 percent, services edged higher by 0.02 percent, and financials gained 0.44 percent. Value turnover reached ₱5.55 billion, with 89 gainers, 95 losers, and 65 unchanged issues, including ICTSI, Meralco, UnionBank, Axelum, and Megaworld.

Among the day’s gainers were Ayala Corp., Jollibee Foods, Bank of PI, Robinsons Commercial, PNB, PSE, ACEN Corp., and Topline.

Losers included BDO Unibank, Aboitiz Power, First Gen, Petron, Semirara Mining, SP New Energy Corp. (SPNEC), Emperador, Universal Robina, Vitarich, VistaREIT, and Robinsons Land.