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Market Spotlight: Dominion, DigiPlus Lead Advances; Everwoods Plunges

Posted on 3/3/26

Philippine equities saw a day of notable movements with several stocks experiencing significant surges, while others faced sharp declines. Leading the charge among the day's top performers were holding firms and a prominent interactive entertainment company, contrasting with deep corrections observed in some resource and property-related counters.

Top Gainers: Growth Stories and Speculative Interests Drive Momentum

Topping the list of gainers was Dominion Holdings, Inc. (DHI), which saw its shares jump by 22.16% to close at 4.74 pesos. The stock added 0.86 pesos per share, with a significant volume of 7,708,000 units traded, amounting to a total value of 33,636,700.00 pesos. The rise in Dominion Holdings could be attributed to renewed investor interest in its property development portfolio, with market analysts pointing to potential strategic asset revaluation or an anticipated earnings beat.

Apollo Global Capital, Inc. (APL) followed, soaring by 16.67%. Its last done price reached 0.0077 pesos, a gain of 0.0011 pesos. The stock recorded an impressive volume of 2,431,000,000 shares, translating to a total value of 17,976,400.00 pesos. Such a rally in a low-priced stock often reflects speculative plays or emerging news related to its various business interests, which include mining and other ventures.

DigiPlus Interactive Corp. (PLUS), a key player in the digital entertainment space, continued its upward trajectory, increasing by 10.66% to close at 18.48 pesos. Investors saw a price change of +1.78 pesos, with a robust volume of 25,213,200 shares generating a substantial total value of 447,254,016.00 pesos. The company has been riding on strong demand for its online gaming platforms, supported by a growing digital consumer base and strategic expansion initiatives.

Other significant advancers included Lodestar Investment Holdings Corporation (LODE), which climbed 7.89% to 0.41 pesos on a price change of +0.03 pesos, with 2,000,000 shares traded for 788,600.00 pesos. Kepwealth Property Phils., Inc. (KPPI) also gained 7.41%, closing at 1.45 pesos with a +0.10 peso change from a modest 2,000 shares worth 2,810.00 pesos. Petron Corporation (PCOR) advanced by 7.14% to 3.30 pesos, adding 0.22 pesos per share on a volume of 19,455,000, valued at 62,022,100.00 pesos, likely buoyed by improving global oil prices or positive market outlook on fuel demand. Supercity Realty Development Corporation (SRDC) rose 6.32% to 20.20 pesos (+1.20 pesos) with 900 shares for 17,220.00 pesos. Mabuhay Holdings Corporation (MHC) increased by 5.69% to 0.130 pesos (+0.007 pesos) on 30,000 shares for 3,780.00 pesos. Keppel Philippines Properties, Inc. (KEP) saw a 5.42% rise to 3.11 pesos (+0.16 pesos) from 169,000 shares worth 563,890.00 pesos. Rounding out the top gainers was PXP Energy Corporation (PXP), up 5.11% to 3.50 pesos (+0.17 pesos), trading 7,660,000 shares for 26,234,900.00 pesos, as investors continued to monitor developments in its hydrocarbon exploration projects.

Top Losers: Profit-Taking and Sector Headwinds

On the downside, Everwoods Green Resources and Holdings, Inc. (EGRN) experienced a dramatic plunge, shedding a staggering 77.50% of its value. The stock closed at 0.045 pesos, a steep drop of 0.155 pesos, with 22,700,000 shares changing hands for 1,124,700.00 pesos. Such a sharp decline typically indicates significant profit-taking, a major negative corporate announcement, or a re-evaluation of its resource prospects amidst market uncertainties.

Anglo Philippine Holdings Corporation (APO) followed with an 8.74% decline, closing at 0.94 pesos, down 0.09 pesos. Its trading volume was 333,000 shares, generating a total value of 329,460.00 pesos. The holding firm's performance often reflects sentiment across its diversified investment portfolio, which may have faced headwinds during the session.

Discovery World Corporation (DWC) also fell by 7.83% to 1.06 pesos, losing 0.09 pesos per share. The company traded 1,112,000 shares for 1,116,860.00 pesos. Shifts in the tourism and leisure sector, where Discovery World operates, could be influencing investor decisions.

Other notable decliners included Oriental Petroleum and Minerals Corporation "A" (OPM), which fell 7.69% to 0.012 pesos (-0.001 pesos) with 20,700,000 shares traded for 249,300.00 pesos. Atlas Consolidated Mining and Development Corporation (AT) dropped 5.58% to 8.80 pesos (-0.52 pesos) on a volume of 3,690,300 shares worth 32,414,200.00 pesos, amidst general weakness in the mining sector or specific commodity price dips. Lepanto Consolidated Mining Company "A" (LC) also declined by 5.41% to 0.210 pesos (-0.012 pesos) with 58,570,000 shares for 12,724,300.00 pesos. Alternergy Holdings Corporation (ALTER), a renewable energy player, decreased by 5.06% to 0.75 pesos (-0.04 pesos), trading 719,000 shares for 547,650.00 pesos, possibly due to broader market sentiment or profit-taking after recent gains in the sector. Cirtek Holdings Philippines Corporation Preferred B-2 Subseries C Shares (TCB2C) saw a 4.90% dip to 9.50 pesos (-0.49 pesos) on a very thin volume of 400 shares for 3,947.00 pesos. Apex Mining Co., Inc. (APX) also retreated by 4.04% to 17.08 pesos (-0.72 pesos), with 8,555,700 shares valued at 148,034,000.00 pesos. Marcvantures Holdings, Inc. (MARC) closed down 4.00% to 0.72 pesos (-0.03 pesos), trading 4,386,000 shares for 3,161,980.00 pesos.

Overall, the trading session highlighted a discerning market, rewarding companies with clear growth narratives or speculative appeal, while punishing those facing profit-taking or sector-specific challenges.