PSEi closing July 10, 2025
MANILA, Philippines — The local stock barometer retreated below 6,400 after spending most of Thursday in positive territory as investors priced in the United States’ latest round of tariffs, including a higher rate for the Philippines.
The benchmark Philippine Stock Exchange Index (PSEi) closed lower by 0.63 percent on Thursday to 6,463.20.
Likewise, the broader All Shares Index shed 0.14 percent, or 5.16 points, to close at 3,812.46.
The Philippines was slapped with a 20-percent duty beginning on Aug. 1, higher than the initial 17-percent rate after negotiations.
READ: Philippine exports to America face 20% Trump tariff
Banks logged the steepest decline, as the sector is seen to face slower credit growth due to delayed expansion in trade-exposed sectors, traders said.
International Container Terminal Services Inc. was the most actively traded stock as it climbed 0.91 percent to P445 per share, followed by DigiPlus Interactive Corp., which surged by 8.22 percent to P39.50.
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Bank of the Philippine Islands went down 2.44 percent to P120; Ayala Land Inc., down 3.36 percent to P27.35; and SM Prime Holdings Inc., up 1.83 percent to P25.05 each.
Gainers outnumbered losers, 107 to 85, while 55 companies closed flat, stock exchange data also showed. /dda
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