Stocks sustain gains ahead of GDP, inflation data

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August 5, 2025 | 12:00am

MANILA, Philippines — Local stocks rallied for a second straight session as investors resumed with their bargain hunting activities ahead of some key economic data releases this week.

The benchmark Philippine Stock Exchange index (PSEi) rose by 0.67 percent or 42.52 points to finish yesterday’s session at 6,348.65.

The broader All Shares index also posted a 0.4-percent or 14.93-point improvement to end at 3,766.60.

Luis Limlingan of Regina Capital said the PSEi went up as investors looked for bargains after a week of strong selling pressure.

“Moreover, investors are still awaiting GDP (gross domestic product) and inflation data, which could prompt them to take a firmer position,” he said.

The Philippine Statistics Authority is scheduled to release the July inflation today and the second quarter GDP figure on Aug. 7.

Sectoral gauges were a mixed bag, with property as well as mining and oil closing significantly higher by 2.8 percent and 2.31 percent, respectively.

Holding firms, meanwhile, registered the biggest drop at 0.56 percent.

Advancers edged out decliners, 100 to 91, while 61 issues were unchanged.

Total value turnover stood at P5.2 billion.

Opening the week as the most actively traded stock was DigiPlus, which plunged by 12.45 percent to P23.90 per share.

BDO and ICTSI followed, both of which were unchanged at P143 and P455 per share, respectively.

Property giant Ayala Land was yesterday’s top gainer among the index members, posting a 5.56-percent jump, while Bloomberry Resorts lost the most with a 2.68-percent decline.