BusinessPhilippine Stocks Rise as Property, Mining Sectors Lead Gains; Foreign Investors Turn...

Philippine Stocks Rise as Property, Mining Sectors Lead Gains; Foreign Investors Turn Net Sellers

PSEI climbs 0.67% to 6,348.65 as trading value reaches ₱5.2 billion.

Philippine stocks advanced on Monday, August 4, 2025, with the benchmark Philippine Stock Exchange Index (PSEI) gaining 42.52 points or 0.67% to close at 6,348.65, as property and mining shares led sectoral gains despite foreign investors turning net sellers.

The broader All Shares index rose 0.39% to 3,766.60, with trading value reaching ₱5.20 billion across 797 million shares. Market breadth was positive with 100 advancing issues outnumbering 91 decliners, while 61 stocks remained unchanged.

Sectoral Performance

Property leads gains: The property sector surged 2.79% or 66.08 points to 2,426.74, making it the day’s top performer. SM Prime Holdings (SMPH) jumped to ₱24.00 with heavy volume of 8.07 million shares worth ₱191.92 million. Ayala Land (ALI) gained to ₱26.60 on turnover of ₱345.18 million, while AREIT climbed to ₱42.55.

Mining rebounds: The mining and oil index posted strong gains of 2.30% to 8,975.11, recovering from recent weakness. Mining heavyweights PX Mining (PX) advanced to ₱5.79 on volume of 13.24 million shares, while Lepanto Consolidated (LC) was among the most active with 58.72 million shares traded.

Financials advance: The financial sector rose 1.49% to 2,224.99, supported by banking stocks. Metrobank (MBT) gained to ₱74.50, while Bank of the Philippine Islands (BPI) closed at ₱124.80 with net foreign buying of ₱10.38 million.

Blue Chip Movers

Among index heavyweights, SM Investments (SM) closed at ₱821.00 despite net foreign selling of ₱141.02 million. GT Capital (GTCAP) advanced to ₱636.00 with significant foreign inflows of ₱48.11 million. Jollibee Foods (JFC) gained to ₱220.00, while Ayala Corporation (AC) rose to ₱596.00.

PLDT (TEL) strengthened to ₱1,320.00 with net foreign buying of ₱32.05 million, while Globe Telecom (GLO) ended at ₱1,710.00.

Foreign Activity

Foreign investors turned net sellers, posting outflows of ₱257.77 million. Total foreign participation reached ₱4.40 billion, representing significant market activity.

Notable foreign selling was seen in SM Investments, JG Summit (JGS), and Universal Robina (URC), while buying interest focused on GT Capital and PLDT.

Market Outlook

The positive close comes as investors assessed corporate earnings and economic indicators. The property sector’s strong performance reflects continued confidence in the domestic real estate market, while the mining sector’s rebound suggests renewed interest in commodity-related plays.

Trading momentum remained healthy with 58,563 transactions executed during the session. Block sales totaled ₱156.28 million, including significant transactions in GT Capital, Jollibee Foods, and Universal Robina.

The market’s resilience despite foreign selling pressure indicates strong domestic institutional and retail participation, setting a constructive tone for the trading week ahead.

Business News Asia

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