Mining and Energy Firms Lead Philippine Market Ascent; Jolliville Holdings Plunges
Posted on 7/21/26
Market activity on the Philippine Stock Exchange saw notable movements today, with several companies experiencing significant surges while others faced steep declines. Investors closely watched shifts in the resource and energy sectors, which largely drove the day's top performers.
Top Gainers: Resource and Energy Sectors Shine
Leading the advancers was Lopez Holdings Corporation (LPZ), which saw its shares close at ₱5.65, marking a substantial increase of ₱0.65, or 13.00%. The conglomerate, with significant interests in power, media, and property, likely benefited from positive sentiment surrounding its diversified portfolio, particularly its strong energy sector components.
Synergy Grid & Development Phils., Inc. (SGP) also demonstrated robust performance, with its stock rising to ₱28.00, a gain of ₱3.20 or 12.90%. The power transmission holding company saw 5,381,200 shares traded, valued at ₱146,176,000.00. This uptick could be attributed to ongoing developments in the country's power infrastructure and sustained demand for electricity.
The mining sector was particularly buoyant, with Atlas Consolidated Mining and Development Corporation (AT) experiencing a significant jump. Its shares closed at ₱11.58, up ₱1.30 (12.65%), with a substantial volume of 18,440,400 shares and a total value of ₱203,712,000.00. This strong performance likely reflects rising global commodity prices, especially for copper, and investor optimism in the sector. Following suit was Apex Mining Co., Inc. (APX), which climbed to ₱13.70, an increase of ₱0.90 (7.03%), trading 5,816,400 shares for ₱78,035,800.00.
Another key player in the energy sector, Aboitiz Power Corporation (AP), advanced to ₱45.00, gaining ₱3.00 or 7.14%. The company's 3,169,500 shares generated a total value of ₱141,379,008.00, underscoring continued investor confidence in the Philippine energy market and Aboitiz Power's strategic projects, including its renewable energy expansion.
Other notable gainers included CIRTEK Holdings Philippines Corporation Preferred B-2 Subseries D Shares (TCB2D) with a 9.74% increase to ₱7.66 (Last Done Price), Alliance Select Foods International, Inc. (FOOD) up 8.62% to ₱0.315, Manila Mining Corporation "B" (MAB) gaining 8.45% to ₱0.0077, Anglo Philippine Holdings Corporation (APO) higher by 7.92% to ₱1.09, and FERRONOUX HOLDINGS, INC. (FERRO) which rose 6.87% to ₱2.49.
Top Losers: Varied Declines Across Several Firms
On the flip side, Jolliville Holdings Corporation (JOH) suffered the steepest decline, with its shares plummeting to ₱3.01, down ₱0.97 or 24.37%. With only 1,000 shares traded for a total value of ₱3,010.00, the significant price drop suggests a concentrated selling pressure amidst low trading volume, potentially driven by specific company news or a lack of positive market catalysts for the diversified holding firm.
Metro Alliance Holdings & Equities Corp. "B" (MAHB) also experienced a notable drop, closing at ₱0.87, a decrease of ₱0.13 or 13.00%. Forum Pacific, Inc. (FPI) followed with a 12.70% fall, settling at ₱0.275, while NiHAO Mineral Resources International, Inc. (NI) declined by 11.83% to ₱0.41. Philippine Estates Corporation (PHES) also lost 10.23%, closing at ₱0.395.
Further down the list of decliners, Boulevard Holdings, Inc. (BHI) saw a 7.89% drop to ₱0.035, and ISLAND INFORMATION & TECHNOLOGY, INC. (IS) shares fell 7.58% to ₱0.122. XURPAS INC. (X) registered a 7.39% loss, closing at ₱0.213, while Del Monte Pacific Limited (DELM) shares dipped to ₱4.02, down ₱0.28 or 6.51%. The food and beverage company's decline could be influenced by shifts in consumer spending or commodity price volatility. Lastly, Rockwell Land Corporation (ROCK) concluded the day lower by 5.95% at ₱2.53, possibly reflecting sector-specific pressures in real estate or broader market sentiment affecting property developers.
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