
The Philippine Stock Exchange (PSE) is the primary stock exchange in the Philippines, with a rich history dating back to 1927. It has undergone several transformations to become the modern and efficient platform it is today.
The PSE is headquartered in Makati City and has two main trading floors, the Main Board and the PSEex, which is a secondary trading platform for smaller and growth-oriented companies.
The PSE has a total of 280 listed companies, with a combined market capitalization of over $300 billion. This makes it one of the largest stock exchanges in Southeast Asia.
The PSE operates from Monday to Friday, with trading hours from 10:00 AM to 12:00 PM and 1:00 PM to 3:30 PM Philippine Standard Time.
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Market Performance
The Philippine Stock Exchange has seen its fair share of record highs over the years. On March 2, 2012, the PSE Composite hit the 5,000 mark, a significant milestone in the exchange's history.
The PSEi has also broken numerous records since 2012, with a notable achievement being its 6,000 mark in January 2013. This was followed by another record-breaking close on March 2013, with the PSEi reaching 6,847.47 after Fitch Group upgraded the Philippines to investment grade status.
The exchange has also experienced significant growth in recent years, with the PSEi breaching the 9,000 mark for the first time in January 2018, ending at 9,041.20.
Here are some notable records broken by the PSEi:
- March 2, 2012: PSE Composite hits 5,000 mark
- January 7, 2013: PSEi reaches 6,000 mark
- March 2013: PSEi reaches 6,847.47
- May 10, 2013: PSEi reaches 7,262.38
- January 26, 2018: PSEi breaches 9,000 mark
The PSEi has also experienced fluctuations in recent years, with a notable decline in August 2025, where the main index inched up by 0.003 percent to 6,277.87 points, but the broader All Shares slipped by 0.07 percent to 3,735.14 points.
Record Highs
The PSE Composite hit the 5,000 mark on March 2, 2012, marking the highest record close at that time.
On January 7, 2013, the PSE Composite reached an all-time record of 6,000 mark.
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The PSEi broke another record by ending the trading day at 6,847.47 on March 2013, after Fitch Group upgraded the Philippines for the first time to investment grade status.
The PSEi achieved its 30th all-time high of 7,403.65 on May 15, 2013, surpassing the previous record of 7,215.35 on May 3.
The PSE Composite reached the 8,000 mark and closed on another record by ending the trading day at 8,053.74 on April 6, 2015.
In just 4 days, the PSE Composite broke another record by ending the trading day at 8,127.48.
The PSEi breached through 9,000 for the first time on January 26, 2018, ending at 9,041.20, up by 42.03 points, or 0.47%.
Peso Sideways
The peso's sideways movement is a notable trend in the market. On Wednesday, August 20, 2025, the peso closed at 56.96 against the US dollar, barely moving from its previous close of 57.1.
The peso's performance can be attributed to investors' cautious stance on the Federal Reserve's policy moves. This caution led to a decrease in trading volume, with USD1.83 billion traded, lower than the previous session's USD1.98 billion.
Investors were seeking bargains, resulting in the sideways close of the peso. This cautious approach is a common phenomenon in the market, where investors wait for further developments before making a move.
The peso's sideways movement can be seen as a stabilizing force in the market. It remained firm against the US dollar, despite the cautious stance among investors.
The peso's performance on Wednesday was marked by a slight decrease in trading volume. This decrease can be attributed to the cautious approach of investors, who were waiting for further developments from the Federal Reserve.
Here's a breakdown of the peso's performance on Wednesday:
Note: The performance figures are based on the peso's movement against the US dollar.
Trading and Components
The Philippine Stock Exchange (PSE) has a total of 281 listed companies as of March 28, 2022, with a total market capitalization of Php18.25 trillion.
These companies are categorized into different indices, including the PSEi, which is the main index of the PSE, and the All Shares Index, which is the broader index of the exchange. The PSE also has sector indices based on a company's main source of revenue.
The PSEi Index Component Stocks list includes 26 companies that are part of the main index, such as Aboitiz Equity Ventures, ACEN Corporation, and Ayala Corporation. These companies are required to meet certain requirements to qualify for the index, including being listed in the main board of the PSE for at least 12 months and having a public float of at least 20%.
Here are the 26 companies that make up the PSEi Index Component Stocks:
- Aboitiz Equity Ventures (PSE: AEV)
- ACEN Corporation (PSE: ACEN)
- Alliance Global (PSE: AGI)
- Ayala Corporation (PSE: AC)
- Ayala Land (PSE: ALI)
- Ayala REIT (PSE: AREIT)
- Banco de Oro (PSE: BDO)
- Bank of the Philippine Islands (PSE: BPI)
- Chinabank (PSE: CBC)
- Century Pacific Food (PSE: CNPF)
- Converge ICT (PSE: CNVRG)
- DigiPlus Interactive (PSE: PLUS)
- DMCI Holdings (PSE: DMC)
- Emperador, Inc. (PSE: EMI)
- Globe Telecom (PSE: GLO)
- GT Capital (PSE: GTCAP)
- International Container Terminal Services (PSE: ICT)
- JG Summit Holdings (PSE: JGS)
- Jollibee Foods Corporation (PSE: JFC)
- LT Group (PSE: LTG)
- Meralco (PSE: MER)
- Metrobank (PSE: MBT)
- Monde Nissin (PSE: MONDE)
- PLDT (PSE: TEL)
- Puregold (PSE: PGOLD)
- San Miguel Corporation (PSE: SMC)
- Semirara Mining and Power Corporation (PSE: SCC)
- SM Investments Corporation (PSE: SM)
- SM Prime Holdings (PSE: SMPH)
- Universal Robina (PSE: URC)
Current Trading Floors
The Philippine Stock Exchange (PSE) used to have multiple trading floors in Metro Manila, but they've since closed down.
The PSE Tower, located in One Bonifacio High Street, Bonifacio Global City, was the final location of the unified trading floor. It replaced the trading floors in the Makati Central Business District and Ortigas Center.
Trading on the PSE floor used to take place from 9:30 A.M. to 3:30 P.M., with a break from 12:00 to 1:00 P.M. The floor would also pre-open at 9:00 A.M. and pre-close at 3:15 P.M.
The PSE permanently closed its trading floor in Bonifacio Global City on June 24, 2022, and started floor-less trading the following Monday. This decision was made after the COVID-19 lockdowns proved that off-site transactions can be made.
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Indices And Components
The Philippine Stock Exchange (PSE) has eight constituent indices that help investors track the performance of different sectors of the market. These indices are designed to provide a snapshot of the overall market and allow investors to make informed decisions.
The main index of the PSE is the PSEi, which is a key indicator of the overall market performance. The All Shares Index, on the other hand, is a broader index that includes all listed companies on the PSE.
There are six sector indices based on a company's main source of revenue, including the PSE Financials Index, PSE Holding Firms Index, PSE Industrial Index, PSE Mining and Oil Index, PSE Property Index, and PSE Services Index.
The PSE has a total of 281 listed companies, with a combined market capitalization of Php18.25 trillion. This is a significant increase from other stock exchanges in the region.
Here are the eight constituent indices of the PSE:
- PSE All Shares Index (ALL)
- PSE Composite Index (PSEi)
- PSE Dividend Yield Index (PSE DivY)
- PSE MidCap Index (PSE MidCap)
- PSE Financials Index (FIN)
- PSE Holding Firms Index (HDG)
- PSE Industrial Index (IND)
- PSE Mining and Oil Index (M-O)
- PSE Property Index (PRO)
- PSE Services Index (SVC)
- PSE Total Returns Index (TRI)
- PSE SME Sector (SME)
Calculations and Frequencies
The Philippine Stock Exchange (PSE) uses a unique calculation method to determine its index value. The index is calculated using a free-float adjusted market capitalization method, which was introduced in 2006.
The formula used to calculate the index's value involves a complex calculation, but it's essentially a weighted average of the closing prices of the 30 component companies, adjusted for their available shares and free float levels.
The PSE index is calculated every 15 seconds, giving investors a real-time snapshot of the market's performance.
The index value is then disseminated every minute, whenever the Philippine Stock Exchange is open, allowing investors to stay up-to-date with the latest market trends.
This frequency is especially useful for investors who want to make informed decisions quickly, as it provides them with a constant flow of information about the market's performance.
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Returns and Analysis
The Philippine Stock Exchange (PSE) has had its fair share of ups and downs over the years. In fact, the PSEi has seen a 91.42% increase in 1987, making it one of the most significant years in its history.
The PSE has also experienced significant returns in recent years. For instance, in 2017, the PSEi breached the 9,000 mark for the first time, ending at 9,041.20. This was a major milestone for the exchange.
One of the key indicators of a stock's performance is its return on investment. The PSE has consistently outperformed the PH Capital Markets industry, returning 9.7% over the past year compared to -8.9%. Similarly, it has outperformed the PH Market, returning 9.7% compared to -10.9%.
Here's a breakdown of the PSE's annual returns since 1980:
The PSE has had its fair share of record highs, with the PSEi hitting its 30th all-time high of 7,403.65 in 2013. However, the tapering by the Federal Reserves in the United States caused the PSEi to end at 5,889.83.
The current share price of the PSE is ₱203.00, with a 52-week high of ₱210.00 and a 52-week low of ₱158.20. The beta of the stock is 0.015, indicating a relatively low level of risk.
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News and Events
The Philippine Stock Exchange (PSE) had a relatively quiet day on Wednesday, August 20, 2025, with the main index barely moving 0.003 percent to 6,277.87 points.
The PSEi's performance can be attributed to investors seeking bargains after a series of declines in recent days, as mentioned by Luis Limlingan, head of sales at Regina Capital Development Corp.
The Services sector was one of the few that posted gains, increasing by 1.65 percent.
Half of the sectoral counters experienced gains, while the other half dipped in value.
The Philippine peso remained firm against the US dollar, closing at 56.96 and trading between 57.39 and 56.96.
Here's a summary of the day's market activity:
Decliners led advancers at 110 to 86, while 49 shares were unchanged.
PSE Overview
The Philippine Stock Exchange (PSE) is a stock exchange that operates in the Philippines.
It's the primary marketplace for buying and selling securities in the country.
The PSE is where investors can trade shares of publicly listed companies, providing a platform for companies to raise capital and for investors to grow their wealth.
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Frequently Asked Questions
How to invest in stock market in Philippines for OFW?
To invest in the Philippine stock market, OFWs can start by opening an account with a reputable online stockbroker accredited by the Philippine Stock Exchange, such as COL Financial Group Inc. or BPI Securities Corp.
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