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Manila Broadcasting, Anchor Land Headline Gainers; Forum Pacific, LBC Express Lead Retreat

Posted on 7/17/26

Trading on July 17, 2026, saw a dynamic session with several companies making significant moves across various sectors. Broadcasting giant Manila Broadcasting Company and real estate developer Anchor Land Holdings, Inc. emerged as the day's top advancers, while Forum Pacific, Inc. and logistics firm LBC Express Holdings, Inc. experienced notable declines.

Top Gainers:

Leading the surge was Manila Broadcasting Company (MBC), which saw its shares jump by ₱0.81, or 15.85%, to close at ₱5.92. Despite the significant percentage gain, trading was notably light with a volume of 500 shares valued at ₱2,960.00. This upward movement for MBC, a key player in the media industry, could reflect renewed investor interest or specific internal developments, though the low volume suggests a concentrated trade rather than broad market sentiment.

Anchor Land Holdings, Inc. (ALHI) followed, climbing by ₱0.50, or 14.29%, to settle at ₱4.00. The property developer traded 10,000 shares worth ₱40,510.00. The strong performance of ALHI, alongside other property names, hints at a positive sentiment for the real estate sector, possibly driven by optimistic economic forecasts or ongoing project milestones.

Renewable energy firm Raslag Corp. (ASLAG) also had a strong showing, adding ₱0.11, or 10.68%, to reach ₱1.14. A substantial volume of 1,293,000 shares changed hands, totaling ₱1,426,540.00. Investor enthusiasm for clean energy initiatives and Raslag's specific solar projects likely fueled this rise.

Another real estate heavyweight, Rockwell Land Corporation (ROCK), appreciated by ₱0.19, or 7.31%, closing at ₱2.79. Trading volume was robust at 4,170,000 shares, with a total value of ₱10,925,000.00. Rockwell's consistent market presence and ongoing high-end developments continue to attract investor confidence.

Ayala Land, Inc. (ALI), a bellwether in the property sector, saw its stock rise by ₱0.92, marking a 5.72% increase to ₱17.00. With a staggering volume of 49,318,500 shares traded, valued at ₱829,180,030.00, ALI's ascent contributed significantly to the market's positive momentum, potentially influenced by broader economic recovery hopes and its strategic project pipeline.

Other notable gainers included First Abacus Financial Holdings Corp. (FAF) which gained 7.14% to ₱0.60, Chelsea Logistics and Infrastructure Holdings Corp. (C) up 6.67% to ₱0.80, Island Information & Technology, Inc. (IS) rising 6.06% to ₱0.140, Millennium Global Holdings, Inc. (MG) with a 5.80% gain to ₱0.073, and CTS Global Equity Group, Inc. (CTS) closing 5.56% higher at ₱0.38.

Top Losers:

On the losing end, Forum Pacific, Inc. (FPI) led the downturn, shedding ₱0.045, or 14.29%, to end at ₱0.270. With 30,000 shares traded for a total value of ₱8,150.00, FPI's decline could be attributed to profit-taking or a lack of new positive catalysts for the speculative stock.

LBC Express Holdings, Inc. (LBC) followed with a substantial drop of ₱0.97, or 13.74%, closing at ₱6.09. Only 200 shares were traded, totaling ₱1,218.00. The logistics and remittance company's performance may reflect broader concerns in the logistics sector, or specific company news, although the very low volume suggests limited market action.

Discovery World Corporation (DWC) also experienced a retreat, falling by ₱0.08, or 8.60%, to finish at ₱0.85, on a minimal volume of 1,000 shares valued at ₱850.00.

Medilines Distributors Incorporated (MEDIC), a healthcare equipment distributor, saw its shares dip by ₱0.017, or 7.80%, to ₱0.201. A volume of 1,920,000 shares exchanged hands, valued at ₱387,530.00. This decline might be linked to sector-specific challenges or company-related news.

ABS-CBN Holdings Corporation - Philippine Deposit Receipts (ABSP) also faced selling pressure, dropping by ₱0.20, or 6.01%, to ₱3.13. Trading amounted to 8,000 shares worth ₱25,040.00. The media conglomerate's PDRs remain sensitive to regulatory and business environment shifts.

Other significant decliners included Balai Ni Fruitas Inc. (BALAI) down 4.62% to ₱0.310, Cirtek Holdings Philippines Corporation (TECH) decreasing by 4.26% to ₱0.90, Synergy Grid & Development Phils., Inc. (SGP) which lost 4.12% to ₱25.60, Roxas and Company, Inc. (RCI) falling 3.77% to ₱2.30, and Arthaland Corporation (ALCO) ending 3.37% lower at ₱0.430.

Overall, the market exhibited a mixed performance, with strong gains in select property and media stocks balanced by retreats in logistics and other specific sectors. Investors will likely watch for further economic indicators and company-specific announcements to guide future trading decisions.