November 12, 2025 | 12:00am
MANILA, Philippines — The Philippine Stock Exchange index weakened to a fresh five-year low as investors continued to weigh the impact of the country’s lower-than-expected economic growth in the third quarter.
The benchmark index retreated by 1.29 percent or 73.57 points to finish yesterday’s session at 5,629.07, its worst finish since closing at 5,570.22 on May 28, 2020.
The broader All Shares index likewise fell by 0.94 percent or 32.82 points, settling at 3,465.61.
“The local market extended its decline as investors remained pessimistic toward our general economy following the release of the dismal third quarter GDP figures,” Philstocks Financial research manager Japhet Tantiangco said.
Tantiangco said the economic outlook is also weighed down by the damage inflicted by the recent typhoons as well as the declining foreign direct investments.
All sectors ended in the negative territory, except for services, which climbed by 1.23 percent.
Financials incurred the biggest loss at three percent, followed by property, which plummeted by 2.06 percent.
Total value turnover improved to P8.56 billion from the previous day’s P6.96 billion.
Decliners squashed advancers, 123 to 59, while 63 issues did not change hands.
BDO was the session’s top traded stock, dropping by 4.80 percent to P123 per share, followed by BPI and SM Prime which declined by 2.15 percent and 4.22 percent, respectively, to P100.30 and P19.54.
Among index members, DigiPlus posted the highest jump at 7.65 percent, while URC lost the most with a 6.64-percent drop.