The Daily Tribune
Phl shares, led by ALI, open strong
The Philippine Stock Exchange index (PSEi) opened higher on Tuesday, July 1, 2025, gaining 34.22 points or 0.54 percent to reach 6,399.16.
Early buying interest in blue chip stocks and specific petroleum and finance companies led the market's positive start.
Ayala Land, Inc. (ALI) was a top performer, increasing by 2.22 percent to P27.60 on significant turnover.
Manulife Financial Corporation (MFC) also saw a substantial gain, surging 11.92 percent to P1,849.00.
Oriental Petroleum and Minerals Corporation "A" (OPM) advanced by 10.00 percent to P0.011, and OPMB Holdings, Inc. (OPMB) recorded the sharpest increase at 20.00 percent to P0.012.
Conversely, Upson International Corp. (UPSON) experienced the most significant decline among actively traded stocks, falling 4.05 percent to P0.71.
The peso was trading at P56.33 against the US dollar at the time of the market opening.
Topics in this story
Explore more stories about these topics.
🤖
This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.
News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
The Philippine Stock Exchange index (PSEi) opened slightly lower on Friday, July 4, 2025, at 6,460.45 points, down by 0.13 percent.
Read more →
The Philippine Stock Exchange index (PSEi) reached a one-month high, closing at 6,423.85 points on Tuesday, extending its recent winning streak.
Read more →
The Philippine Stock Exchange index (PSEi) corrected on Wednesday, shedding 0.07 percent to 6,419.05 points, as investors awaited the June inflation rate data.
Read more →