Volatility Rules the Market as PSE Index Declines

Volatility ruled the stock market Friday as blue-chip and speculative shares went on a roller-coaster run.

The Philippine Stock Exchange (PSE) Index, October 10, 2025

The Philippine Stock Exchange (PSE) index closed at 6,037.79 points, down 19.61 points or 0.32 percent.

Only the industrial sub-index bucked the trend, closing 0.26 percent higher as Universal Robina rose 1.32 percent to ₱76.85, Monde Nissin surged 1.84 percent to ₱7.18, and Meralco climbed 1.92 percent to ₱558.00.

Monde and Meralco, however, swung sharply during the session, dropping to intraday lows of ₱7.10 and ₱545, respectively.

Financials lost 0.43 percent, services slipped 0.05 percent, mining and oil slumped 2.92 percent, property declined 0.56 percent, and holding firms fell 0.78 percent—although market bellwether SM Investments gained 0.14 percent to ₱735.00.

Volatility dominated trading in mining and oil shares. Philex Mining dropped 3.45 percent to ₱10.06 after hitting a high of ₱10.24 and a low of ₱9.84. Apex Mining fell 4.77 percent to ₱10.38 after trading between ₱10.60 and ₱10.04, while OceanaGold declined 2.07 percent to ₱28.35, swinging between ₱28.50 and ₱26.50.

Value turnover amounted to ₱6.34 billion, while net foreign selling hit ₱1.01 billion, with foreign buying at ₱3.189 billion and foreign selling at ₱4.15 billion.

There were 79 gainers, 97 losers, and 65 unchanged issues, including ICTSI, SPNEC, Citicore RE, Petron, and AgriNurture.

Among the gainers were Metrobank, Puregold, PhilWeb, Marcventures, Atlas Mining, China Bank, National Reinsurance, Synergy Grid, Shell Pilipinas, Semirara Mining, Philodrill, and First Gen.

Among the losers were Ayala Corp., BDO Unibank, GT Capital, DigiPlus, Lepanto A and B, ACEN Corp., and Manila Water.