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Mining, Renewable Energy, and Property Developers Drive Gains as Oil and Gas Explorers Slip on the Local Bourse

Posted on 4/8/26

Trading on the local stock market saw a notable divergence today, with several mining firms, renewable energy companies, and prominent property developers registering significant gains. In contrast, oil and gas exploration entities and select real estate developers experienced a downturn, reflecting shifting investor sentiment across key sectors.

Leading the day's advance was D.M. Wenceslao & Associates, Incorporated, trading under symbol DMW. The real estate developer jumped 23.80%, adding ₱1.19 to close at ₱6.19. The company saw 101,800 shares change hands, accumulating a total value of ₱641,205.00. Following closely was Alliance Select Foods International, Inc. (FOOD), which surged 17.14%, gaining ₱0.06 to settle at ₱0.41. Its trading volume reached 120,000 shares, valued at ₱45,300.00.

Swift Foods, Inc. (SFI) also made strong headway, climbing 13.04% with a ₱0.006 increase, finishing the day at ₱0.052. A robust 2,600,000 shares were traded, amounting to ₱133,700.00. The mining sector displayed considerable strength, with Philex Mining Corporation (PX) rising 10.03% to ₱9.65, driven by a ₱0.88 price change. This blue-chip miner recorded substantial activity, with a volume of 10,002,800 shares exchanging hands for a total value of ₱94,987,904.00. This performance comes amid sustained positive sentiment for metal prices and potential progress on its Silangan project.

Another mining stalwart, Apex Mining Co., Inc. (APX), also experienced a significant boost, advancing 10.00% to ₱17.38, reflecting a ₱1.58 increase. The stock was actively traded with 15,102,000 shares, totaling ₱255,850,000.00 in value. The broader real estate market saw Ayala Land, Inc. (ALI) climb 8.88%, adding ₱1.50 to its price, closing at ₱18.40. Its shares were heavily traded, with 34,730,000 changing hands for a total value of ₱629,564,990.00, suggesting renewed investor confidence in the property sector. Renewable energy player SP New Energy Corporation (SPNEC) also posted an 8.27% gain, with a ₱0.11 increase bringing its price to ₱1.44. The company saw 52,959,000 shares traded, valued at ₱74,833,400.00, amidst growing interest in sustainable power projects.

Rounding out the top gainers were ALLDAY Marts, Inc. (ALLDY), up 9.38% to ₱0.035, Cirtek Holdings Philippines Corporation Preferred B-2 Subseries D Shares (TCB2D), rising 7.52% to ₱7.15, and Atlas Consolidated Mining and Development Corporation (AT), which improved by 7.08% to ₱7.71. These gains highlight a diverse range of companies attracting positive attention from investors.

On the flip side, PXP Energy Corporation (PXP) led the decliners, shedding 9.23% or ₱0.35 to close at ₱3.44. The oil and gas explorer's shares saw a volume of 10,465,000 with a total value of ₱36,505,300.00, possibly influenced by fluctuating global oil prices or a lack of positive developments in its exploration ventures. Macay Holdings, Inc. (MACAY) followed with a 7.19% drop, losing ₱0.50 to end at ₱6.45, with 7,000 shares traded for ₱44,782.00.

Italpinas Development Corporation (IDC) saw its shares decrease by 6.02%, down ₱0.05 to ₱0.78, with 131,000 shares valued at ₱102,620.00. ENEX Energy Corp. (ENEX) also fell by 5.04%, losing ₱0.20 to land at ₱3.77, trading 7,000 shares for ₱27,170.00. Telecommunications challenger DITO CME Holdings Corp. (DITO) slipped 4.17%, declining by ₱0.03 to ₱0.69. The stock had significant volume with 37,879,000 shares traded, valued at ₱26,587,400.00, as the company continues its battle for market share and path to profitability.

Other notable losers included Petron Corporation (PCOR), down 3.67% to ₱2.89, Pacifica Holdings, Inc. (PA) with a 3.66% decrease to ₱0.79, East Coast Vulcan Mining Corporation (ECVC) also down 3.64% to ₱0.265, Haus Talk, Inc. (HTI) which fell 3.51% to ₱1.10, and The Philodrill Corporation (OV), dropping 3.26% to ₱0.0089. The mixed performance underscores a dynamic market environment influenced by both sector-specific trends and individual company developments.

Mining, Renewable Energy, and Property Developers Drive Gains as Oil and Gas Explorers Slip on the Local Bourse

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