The Philippine Stock Exchange opened with mixed but mostly positive movement as investors weighed global trade developments and domestic market signals.

“The local market may test the validity of its breach of the 6,400 line. Cautious sentiment is still expected to linger as investors continue to navigate through the global trade uncertainties. The US Federal Court's ruling out of President Donald Trump's reciprocal tariffs may give sentiment a boost today,” Philstocks Financial, Inc. said in a market note this morning.

Among the most actively traded stocks as of 9:59 AM, GT Capital Holdings (GTCAP) led by value with P137.3 million, rising 1.13 percent to P581.50. Metrobank (MBT) followed with P44.94 million in trades, up 1.20 percent to P76.10.

MRC Allied, Inc. (MRC) posted the highest percentage gain among actively traded issues, jumping 3.41 percent to P0.91. Bloomberry Resorts Corp. (BLOOM) recorded the biggest drop, falling 0.86 percent to P4.61.

Other notable movers included Asian Terminals Inc. (ATI), which rose 2.16 percent, and ICTSI (ICT), which gained 0.88 percent. BDO Unibank slipped 0.06 percent, while Bank of the Philippine Islands (BPI) edged down 0.07 percent.