☰

Trading Day in Review: Dominion Holdings and Alsons Lead Strong Rallies, While City & Land Developers Faces Steep Decline

Posted on 3/17/26

The local equities market saw a day of dramatic shifts, with a handful of companies experiencing significant gains while others faced considerable losses. Leading the surge was Dominion Holdings, Inc. (DHI), which commanded strong investor interest.

Top Gainers

Dominion Holdings, Inc. (DHI) emerged as the day's top gainer, soaring by an impressive 50.0% to close at ₱6.03. The stock recorded a price change of ₱2.01, driven by a substantial volume of 24,838,000 shares traded, amounting to a total value of ₱136,146,000. While no specific corporate announcements immediately clarified the sharp ascent, such movements in holding firms often precede or follow significant strategic developments or shifts in investor sentiment towards their underlying assets.

Close behind was Alsons Consolidated Resources, Inc. (ACR), which posted a robust 46.77% gain. The power generation and real estate company saw its last done price settle at ₱0.91, up by ₱0.29 from its previous close. Trading activity for ACR was notable, with 28,601,000 shares changing hands for a total value of ₱23,538,400. The surge could be linked to positive outlooks for the energy sector or specific project advancements, though no immediate company news explained the significant uptick.

Pacifica Holdings, Inc. (PA) also joined the ranks of top performers, climbing by 15.79% with a price change of ₱0.12, bringing its last done price to ₱0.88. It traded 12,000 shares for a total value of ₱10,520.

TKC Metals Corporation (T) saw a 15.0% increase, with its shares trading at ₱0.345, a rise of ₱0.045. A total of 80,000 shares were exchanged, valuing ₱27,400.

Island Information & Technology, Inc. (IS) appreciated by 14.74%, adding ₱0.014 to its price to reach ₱0.109. Volume stood at 1,420,000 shares, translating to ₱147,750 in value.

Other significant gainers included Geograce Resources Philippines, Inc. (GEO) up 9.33% to ₱0.082, Supercity Realty Development Corporation (SRDC) which advanced 9.32% to ₱19.00, and GMA Holdings, Inc. - Philippine Deposit Receipts (GMAP) which rose 7.66% to ₱5.90. PHINMA Corporation (PHN) and A. Soriano Corporation (ANS) also closed higher, both gaining 7.30% and 7.24% respectively, closing at ₱15.58 and ₱15.70.

Top Losers

On the downside, City & Land Developers, Incorporated (LAND) experienced the sharpest decline, shedding 27.55% of its value. Its last done price settled at ₱0.355, representing a price change of -₱0.135. The stock saw 10,000 shares traded for a total value of ₱3,550. No specific news was immediately available to explain the significant drop for the property developer, though the real estate sector can be sensitive to economic shifts and interest rate expectations.

Republic Glass Holdings Corporation (REG) followed with a 13.46% fall, closing at ₱2.25, a decrease of ₱0.35. A volume of 40,000 shares traded amounted to ₱90,000 in value.

EasyCall Communications Philippines, Inc. (ECP) also saw a substantial drop of 10.88%, with its last done price at ₱2.62, down by ₱0.32. The company traded 23,000 shares for ₱60,250.

Mining and resources companies featured prominently among the day's decliners. United Paragon Mining Corporation (UPM) saw an 8.33% decrease, closing at ₱0.0044 with a price change of -₱0.0004, on a high volume of 84,000,000 shares valued at ₱364,700. Oriental Petroleum and Minerals Corporation ``A`` (OPM) also dropped 7.69% to ₱0.012, with 30,400,000 shares traded for ₱365,200. Nickel Asia Corporation (NIKL), a major player in the nickel industry, declined by 5.81% to ₱4.54, with a price change of -₱0.28, seeing 11,021,000 shares traded for ₱51,066,700. This downward movement for mining stocks could be influenced by commodity price fluctuations or sector-specific concerns, especially given recent volatility in global metal markets.

Other notable losers included APC Group, Inc. (APC) down 8.26% to ₱0.100, Transpacific Broadband Group Int`l. Inc. (TBGI) falling 7.26% to ₱0.115, Imperial Resources, Inc. (IMP) decreasing 6.32% to ₱0.89, and Premiere Horizon Alliance Corporation (PHA) which closed 5.76% lower at ₱0.180.

Today's trading session underscored a volatile environment where individual stock performance diverged sharply, with strong upward momentum for some holding and energy firms contrasting with steep corrections for property and mining companies.