August 30, 2025 | 12:00am
MANILA, Philippines — The native inventory market declined for a second straight session, closing the week within the adverse territory because the Bangko Sentral ng Pilipinas (BSP)’s current price minimize failed to spice up sentiment.
The Philippine Inventory Change index (PSEi) shed 0.56 p.c or 34.62 factors, settling at 6,155.57.
The broader All Shares index additionally slipped by 0.44 p.c or 16.19 factors to finish at 3,686.88.
“The PSEi fell because the market continues its bearish pattern as traders seem to have already priced within the BSP’s price minimize, which was broadly anticipated,” Luis Limlingan of Regina Capital mentioned.
“Regardless of the coverage easing, sentiment stays cautious as promoting strain persists, suggesting that traders are most likely ready for stronger catalysts earlier than taking over extra danger,” Limlingan mentioned.
Buying and selling weakened as turnover worth thinned to P6.85 billion from the day prior to this’s P7 billion.
Most counters have been within the crimson, with property posting the most important drop at 0.98 p.c.
Mining and oil and financials, have been the one ones within the inexperienced, rising by 1.20 p.c and 0.57 p.c, respectively.
Market breadth was adverse as decliners beat advancers, 113 to 89, whereas 57 points have been unchanged.
BDO Unibank remained probably the most actively traded inventory, slipping by 0.22 p.c to P135.20 per share, adopted by ICTSI which improved by 0.63 p.c to P483.
Amongst index members, Chinabank recorded the most important acquire at 6.6 p.c, whereas DigiPlus misplaced probably the most with a 6.69 p.c plunge.
