PSEi fails to hold on to 6,400
PSEi closing May 26, 2025
MANILA, Philippines – The local bourse surrendered the 6,400 territory on Monday as investors searched for a key spark to jolt life into the market.
By the end of the session, the benchmark Philippine Stock Exchange Index (PSEi) had lost 0.36 percent, or 23.16 points, to close at 6,389.94.
Likewise, the broader All Shares Index shed 0.24 percent, or 9.15 points, to 3,737.64.
READ: Bargain hunt pushes PSEi past 6,400
A total of 486 million shares worth P4.74 billion changed hands, stock exchange data showed.
The index remained in the red territory the entire day, dipping below 6,400 by midday.
Luis Limlingan, head of sales at stock brokerage house Regina Capital Development Corp., said the decline was due mainly to the lack of fresh catalysts, with investors still on wait-and-see mode.
Bank of the Philippine Islands was the most actively traded stock as it shed 0.43 percent to P139.20 each.
It was followed by Monde Nissin Corp., down 0.6 percent to P6.68; SM Investments Corp., down 2.28 percent to P859; JG Summit Holdings Inc., up 6.06 percent to P21; and Ayala Land Inc., up 0.64 percent to P23.45 per share.
International Container Terminal Services Inc., up 0.4 percent to P405.60; Universal Robina Corp., up 2.26 percent to P86; SM Prime Holdings Inc., down 1.7 percent to P23.10; Manila Electric Co., down 3.6 percent to P536; and Jollibee Foods Corp., down 0.74 percent to P241 each.
Gainers outnumbered losers, 102 to 90, while 50 companies closed flat, stock exchange data also showed.
