PSE Index Up Just a Tad Higher
- By The Financial District
- 3 minutes ago
- 2 min read
The Philippine Stock Exchange (PSE) index closed slightly higher today, inching up by 0.65 points to 6,041.91, or a marginal gain of 0.01 percent, after briefly slipping below the 6,000-point level.

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Market sentiment remained cautious amid a lack of catalysts to propel stocks higher. Four sub-indices ended in the green, while two declined, although foreign investors were net buyers.
Mining and oil was the day’s top-performing sector as speculative interest in gold prices picked up.
Apex Mining rose by 0.98 percent to P12.32, after reaching an intraday high of P12.56. Philex Mining climbed to as much as P10.36 before settling at P10.28, up 1.78 percent. OceanaGold closed at its intraday high of P31.95, posting a hefty gain of 4.75 percent.
Aside from mining and oil, other sectoral gainers included financials, up 0.21 percent; holding firms, up 0.66 percent; and property, which advanced 0.83 percent.
The industrial sector slipped despite gains in ACEN Corp., which rose 1.48 percent to P2.74, and Universal Robina, which gained 2.43 percent to P67.50.
Jollibee Foods fell 3.45 percent to P179, Meralco declined 0.85 percent to P580, and Manila Water dropped 1.12 percent to P39.80.
The services sector retreated as top-traded ICTSI succumbed to profit-taking, falling 1.65 percent to P565 on P575 million worth of trades. Gaming stock DigiPlus also declined, losing 4.67 percent to P16.34.
Property heavyweights Ayala Land, SM Prime, and Robinsons Land lifted the sector, with Ayala Land gaining 0.91 percent to P22.10, SM Prime rising 1.77 percent to P23.00, and Robinsons Land advancing 0.62 percent to P16.20.
In the banking sector, BDO Unibank slipped 0.52 percent to P133, while Bank of the Philippine Islands edged up 0.42 percent to P119.80.
Traders expect the market to move sideways on Friday, the final trading day of the week, as investors position ahead of the long weekend. Total value turnover amounted to just P4.69 billion, about a third below average, as many investors began their long weekend trips to the provinces and overseas.
Foreign buying reached P2.302 billion, against foreign selling of P2.19 billion, resulting in net foreign buying of P107 million.
There were 88 gainers, 107 losers, and 49 unchanged issues, including market bellwether SM Investments, San Miguel Corp., PLDT, National Reinsurance, Cosco Capital, Megaworld, MREIT, and Maynilad.
Among the gainers were Suntrust Holdings, Ayala Corp., PhilSeven, Cebu Air, China Bank, EastWest Bank, Union Bank, PSE Inc., Century Pacific Food, Petron, Emperador, Alliance Global, GT Capital, JG Summit, DoubleDragon, and Globe Telecom.
Decliners included Security Bank, PNB, Alternergy, First Gen, Synergy Grid, Semirara Mining, SPNEC, Topline, Ginebra, Integrated Micro-Electronics, LT Group, Asiabest Group, Abacore, Ferronoux, and Puregold.





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