Mining and Resource Plays See Wild Swings; Agribusinesses Thrive Amidst Market Volatility
Posted on 3/27/26
Trading at the local bourse on March 27, 2026, was marked by significant movements, particularly within the mining and resources sector, which saw both substantial gains and notable declines. Agribusiness firms also posted strong performances, reflecting varied investor sentiment across different segments of the market.
Today's Top Gainers
Leading the pack of gainers was Nihao Mineral Resources International, Inc. (NI), which surged by an impressive 41.03%. The stock closed at ₱0.55, up ₱0.16 from its previous close of ₱0.39. This significant jump was supported by a volume of 80,000 shares, valuing ₱38,250.00. The strong performance for Nihao could be indicative of renewed speculative interest in junior mining plays, possibly fueled by optimistic commodity price forecasts.
Another strong performer was Berjaya Philippines, Inc. () also saw robust growth, rising 14.81% to ₱4.65, a ₱0.60 increase. Its trading volume was 2,000 shares, totaling ₱9,300.00. These gains highlight a bullish sentiment for select resource-based companies.
Axelum Resources Corp. (), which increased by 8.33% to ₱0.013 on 41,900,000 shares traded worth ₱523,600.00. Manila Mining Corporation “B” () posted an 8.28% gain, closing at ₱34.00, up ₱2.60, with a substantial ₱48,219,200.00 in total value from 1,518,700 shares. Vitarich Corporation () and SBS Philippines Corporation () registered the steepest fall, dropping 9.33% to close at ₱2.72. The stock lost ₱0.28 on a volume of 5,000 shares, valued at ₱13,610.00. This could indicate profit-taking or specific concerns for the company's prospects.
Dominion Holdings, Inc. (), a diversified conglomerate, declined by 6.29% to ₱73.05, down ₱4.90, on 2,370 shares worth ₱179,216.00.
The mining sector's volatility was further emphasized by several mining firms appearing on the losers' list. Atok-Big Wedge Co., Inc. (), one of the largest local miners, closed at ₱8.45, a decrease of ₱0.48 or 5.38%. This substantial dip came with high trading activity: 10,503,600 shares changed hands, totaling ₱89,198,704.00, indicating significant selling pressure. East Coast Vulcan Mining Corporation () also experienced declines of 5.36% and 5.19% respectively, alongside Everwoods Green Resources and Holdings, Inc. (
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