PSE Session Highlights: Boulevard Holdings and Philweb Rally, ICTSI Experiences Significant Dip
Posted on 6/24/26
Trading on June 24, 2026, saw a dynamic session on the Philippine Stock Exchange, with notable movements across various sectors. Penny stocks captured significant attention among the top gainers, while a blue-chip port operator led the decliners, attracting considerable trading value.
Top Gainers: Speculative Plays and Sectoral Strength
Leading the day's advance was Boulevard Holdings, Inc. (BHI), which surged by an impressive 22.22 percent. The property and tourism-focused company closed at ₱0.033, marking a price change of ₱0.006. Its rally was accompanied by substantial trading volume of 160,100,000 shares, generating a total value of ₱4,911,800.00. The surge in BHI is often fueled by speculative interest in its resort and property development projects, particularly those in tourist hotspots.
Close behind was United Paragon Mining Corporation (UPM), which climbed by 14.49 percent. The mining firm's stock settled at ₱0.0079, up by ₱0.001. A total of 146,000,000 shares changed hands, amounting to a value of ₱1,167,400.00. Its performance likely reflects renewed investor interest in the mining sector or specific commodity price movements.
National Reinsurance Corporation of the Philippines (NRCP) also posted strong gains, increasing by 11.63 percent to close at ₱0.96. The insurer's stock saw a price change of ₱0.10, with 441,000 shares traded, contributing ₱426,420.00 to the day's total value. The company has recently been focused on digital transformation and expanding its client base, which may be contributing to positive sentiment.
Philweb Corporation (WEB), a prominent player in the online gaming industry, saw its shares rise by 8.22 percent, closing at ₱14.48, an increase of ₱1.10. The company commanded significant liquidity, with 9,836,000 shares traded for a robust total value of ₱139,399,008.00. The positive movement in WEB often correlates with favorable regulatory news or strategic business partnerships, such as recent announcements regarding new online gaming platform initiatives.
Island Information & Technology, Inc. (IS) rounded out the top five gainers, advancing by 7.76 percent. Its stock ended the session at ₱0.125, up by ₱0.009, with 2,010,000 shares traded for a value of ₱248,460.00.
Top Losers: Blue-Chip Pullback and Sectoral Weakness
On the losing end, APC Group, Inc. (APC) registered the sharpest decline, plummeting by 13.71 percent. Its stock closed at ₱0.107, down by ₱0.017. Trading was light, with only 10,000 shares valued at ₱1,070.00.
Forum Pacific, Inc. (FPI) followed with a 13.24 percent drop, closing at ₱0.295. The stock shed ₱0.045 per share, with 200,000 shares traded for a total value of ₱58,250.00.
Nihao Mineral Resources International, Inc. (NI) also experienced a downturn, decreasing by 8.89 percent to ₱0.41, a change of ₱0.04. The mining firm traded 60,000 shares, generating ₱24,600.00 in value.
Alliance Select Foods International, Inc. (FOOD) saw its shares decline by 8.70 percent, ending the day at ₱0.315. The stock was down by ₱0.03, with 120,000 shares traded for a value of ₱37,550.00. The food sector has faced headwinds from rising raw material costs and fluctuating consumer demand, which may have contributed to the decline.
Notably, blue-chip International Container Terminal Services, Inc. (ICT) recorded a significant drop of 5.97 percent, closing at ₱851.00. This represented a substantial price change of ₱54.00. Despite the decline, ICT was the most actively traded among the losers by value, with 2,108,200 shares exchanging hands for an impressive total value of ₱1,835,469,950.00. The dip in ICT could be attributed to profit-taking after recent strong performance, or broader market concerns regarding global trade volumes and geopolitical uncertainties impacting shipping logistics.
East Coast Vulcan Mining Corporation (ECVC) also ended in the red, down 7.14 percent to ₱0.26, a ₱0.02 decrease, with 1,030,000 shares traded for ₱272,700.00.
Overall, the trading day highlighted a mixed sentiment, with high-volume speculative plays driving some gains, while larger, fundamentally sound companies like ICT faced downward pressure, possibly due to broader economic concerns or market adjustments.
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