☰

Market Watch: Retail, Diversified Holdings Climb; Mining, Property Stocks Experience Setbacks

Posted on 3/30/26

Trading on the local bourse saw a diverse mix of movements as investors reacted to various corporate developments and sector-specific catalysts. Monday's session revealed robust gains for select retail and diversified holdings, while several mining and real estate counters faced significant downward pressure.

Top Gainers Lead the Charge

Leading the surge was Berjaya Philippines, Inc. (BCOR), which saw its shares jump by a remarkable 28.80% to close at ₱8.99. The diversified holdings firm posted a price change of ₱2.01, with 7,576,200 shares changing hands for a total value of ₱68,074,704.00. While no specific company news was immediately apparent, Berjaya Philippines, with its interests in hotels and fast food, may have benefited from broader optimism in the consumer and tourism sectors.

Following closely was CIRTEK HOLDINGS PHILIPPINES CORPORATION PREFERRED B-2 SUBSERIES C SHARES (TCB2C), which climbed 19.90% with a price change of ₱1.66, settling at ₱10.00. A total of 20,700 shares were traded, amounting to ₱206,996.00 in value.

Robinsons Retail Holdings, Inc. (RRHI) also delivered a strong performance, rising 19.51% to ₱46.55, adding ₱7.60 to its share price. The retail giant, which operates various formats from supermarkets to department stores, traded 6,070,400 shares, generating a substantial total value of ₱281,399,008.00. The positive sentiment around consumer spending and the company's continuous expansion efforts may have fueled this rally.

Other notable gainers included Vivant Corporation (VVT), up 10.07% to ₱21.75 on a price change of ₱1.99, with 500 shares valued at ₱10,875.00. Discovery World Corporation (DWC) recorded a 9.68% increase, closing at ₱1.02 with a price change of ₱0.09, trading 2,000 shares for ₱2,050.00. Harbor Star Shipping Services, Inc. (TUGS) matched this percentage gain, adding ₱0.045 to reach ₱0.51, with 100,000 shares valued at ₱50,200.00. Dominion Holdings, Inc. (DHI) advanced 8.99% to ₱6.30, a price change of ₱0.52, with 5,223,800 shares traded for ₱31,703,100.00. F&J Prince Holdings Corporation 'A' (FJP) saw an 8.80% rise, closing at ₱2.72 (up ₱0.22) on a volume of 2,000 shares valued at ₱5,440.00. Integrated Micro-Electronics, Inc. (IMI), a global technology solutions provider, gained 6.88% to ₱2.95, a price change of ₱0.19, with 1,423,000 shares traded for ₱4,154,970.00, potentially riding on positive sentiment in the global tech and manufacturing supply chain. Manila Mining Corporation 'A' (MA) completed the top ten gainers, increasing 6.85% to ₱0.0078 (up ₱0.0005) with a massive 67,000,000 shares traded for ₱521,600.00.

Market Losers Face Headwinds

On the losing end, Nihao Mineral Resources International, Inc. (NI) suffered the steepest decline, plunging 25.45% to ₱0.41. The mining company's shares lost ₱0.14, with 118,000 shares traded for a total value of ₱53,795.00. Such significant drops in the mining sector can often be attributed to commodity price volatility or specific operational concerns.

Manila Bulletin Publishing Corporation (MB) also saw a sharp decline, shedding 21.47% or ₱0.035, to close at ₱0.128. A total of 30,000 shares were traded, valued at ₱3,840.00. Media companies continue to navigate challenges in a rapidly evolving digital landscape, which can impact investor sentiment.

Primex Corporation (PRMX), a real estate developer, dropped 11.61% or ₱0.13, closing at ₱0.99. The firm saw 116,000 shares exchanged for ₱112,670.00. Alliance Select Foods International, Inc. (FOOD) was down 10.84%, losing ₱0.045 to settle at ₱0.37. The food processing company traded 340,000 shares for ₱129,300.00.

Phinma Corporation (PHN), a diversified conglomerate, slipped 9.93%, or ₱1.44, to ₱13.06. Its shares totaled 12,000 units valued at ₱157,640.00. Empire East Land Holdings, Inc. (ELI) saw its stock decline by 9.43%, losing ₱0.01 to close at ₱0.096, with 6,100,000 shares valued at ₱580,320.00.

Supercity Realty Development Corporation (SRDC) fell 9.09% (down ₱1.50) to ₱15.00, trading 300 shares for ₱4,600.00. Oceanagold (Philippines), Inc. (OGP) experienced an 8.82% drop, losing ₱3.00 to finish at ₱31.00. The gold miner, which recently had news about its Didipio mine operations and expansion plans, traded 1,729,200 shares for a total value of ₱54,358,500.00. Despite its operational updates, the stock faced a downturn, possibly due to broader market sentiment or profit-taking after previous gains.

Rounding out the day's significant losers were Ayala Land, Inc. (ALI) and Philweb Corporation (WEB). Ayala Land, a bellwether in the property sector, saw its shares decline by 7.30% or ₱1.28, closing at ₱16.26. A substantial 39,106,100 shares were traded, totaling ₱639,174,020.00 in value, indicating significant selling pressure for one of the country's largest developers, possibly influenced by rising interest rate concerns impacting property demand. Philweb Corporation dropped 7.01% or ₱0.82, closing at ₱10.88, with 5,863,300 shares traded for ₱63,330,700.00.

The day’s trading underscored a selective market, where strong performances in certain consumer-oriented and diversified segments contrasted sharply with corrections in mining and real estate, highlighting the ongoing impact of macroeconomic factors and company-specific news on investor decisions.