PSE index rallies 3.15%, gains exceed 7% over 3 sessions

February 5, 2025
10:34PM PHT

The Philippine Stock Exchange Index (PSEi) rose for a third straight session after slipping into bear market territory last week, rallying by 3.15 percent to close at 6,281.08.

Holding firms led the charge with a 4.09 percent increase, followed by the property sector, which jumped 4.81 percent.

The broader All Shares Index also performed well, rising by 2.18 percent or 78.73 points to 3,696.66.

Total gains across the last three sessions exceeded 7 percent. Overseas investors also propped up the market with net foreign buying of P324.94 million, data from the stock exchange showed.

Top movers included SM Prime Holdings (+7.22 percent to P26), International Container Terminal Services (+3 percent), BDO Unibank Inc. (+1.73 percent to P147), Ayala Land Inc. (+5.28 percent to P25.90), and China Banking Corp. (-2.17 percent to P90).

Featured News
Explore the latest news from InsiderPH
Monday, 17 March 2025
Insight to the one percent
© 2024 InsiderPH, All Rights Reserved.