Stock Market Recovers but Pessimism Persists

The Philippine Stock Exchange (PSE) index recovered Tuesday, with all counters in the green, but pessimism persists even as it closed above its support level at 6,083.83 points — up by 83.51 points, or 1.39 percent.

The Philippine Stock Exchange (PSE) Index, October 7, 2025

Bargain hunting lifted blue-chip stocks to significant gains, though value turnover showed investors largely staying on the sidelines.

Excluding the ₱6-billion block trades of 8990 Holdings Inc., which accounted for its tender offer prior to delisting, total trades amounted to only ₱4 billion — about one-third below the average daily turnover.

Universal Robina Corp. gained 5.23 percent to ₱74.50; BDO Unibank Inc. rose 2.88 percent to ₱139.40; Atlas Mining climbed 9.51 percent to ₱4.72; GT Capital Holdings Inc. advanced 1.81 percent to ₱590; San Miguel Corp. edged up 0.53 percent to ₱57; and JG Summit Holdings Inc. added 2.55 percent to ₱24.15.

Coal Asia Holdings was the top gainer, hitting its ceiling price of ₱0.03 before an automatic trading halt and closing at ₱0.029, up 45 percent on speculation of a potential backdoor listing involving Pure Water.

SP New Energy Corp. (SPNEC), however, tumbled 4.80 percent to ₱1.19, while Puregold Price Club Inc. fell 1.19 percent to ₱41.55.

Other decliners included Security Bank, down 0.48 percent to ₱73.10; Bloomberry Resorts Corp., down 4.91 percent to ₱3.87; and Filinvest Land Inc., down 1.23 percent to ₱0.80.

Foreign investors were again net sellers, recording ₱218 million in net outflows, with foreign buying at ₱1.981 billion and foreign selling at ₱2.199 billion.

Sectoral indices all advanced: financials rose 2.23 percent; industrials, 1.13 percent; holding firms, 0.83 percent; services, 0.43 percent; mining and oil, 0.47 percent; and property, 1.49 percent.

Market breadth was slightly positive, with 97 gainers, 92 losers, and 60 issues unchanged. Among unchanged stocks were DigiPlus, UnionBank, Axelum, Haus Talk, MRC Allied, Megaworld, and AbaCore.

Among the gainers were SM Investments, Ayala Land, Philex Mining, SM Prime Holdings, Bank of the Philippine Islands, Jollibee Foods Corp., Metropolitan Bank & Trust Co. (Metrobank), Meralco, Manila Water, First Gen, Aboitiz Equity Ventures, LT Group, and Century Pacific Food.

Among the losers were China Bank, Philippine National Bank, the Philippine Stock Exchange, Semirara Mining, Cosco Capital, DoubleDragon, VistaREIT, Globe Telecom, PLDT, Dito CME, Cebu Air, Megawide, and Integrated Micro-Electronics.