PSE Highlights: Electronics Sector Rises, Mabuhay Holdings Leads Declines
Posted on 7/22/26
Investors witnessed a varied trading session as several companies posted significant gains, primarily driven by the electronics manufacturing sector, while others experienced notable declines, notably in traditional media and some property-related counters.
Top Gainers
Leading the surge was Integrated Micro-Electronics, Inc. (IMI), which climbed 15.38% for the day. Its last done price settled at ₱6.00, marking a ₱0.80 increase from its previous close. The electronics manufacturer saw a robust volume of 5,851,500 shares traded, generating a total value of ₱33,421,700.00. IMI's performance likely reflects sustained global demand in the semiconductor and electronics manufacturing industry, benefiting from its strategic positioning in various high-growth segments.
Digital solutions provider XURPAS Inc. (X) also enjoyed a strong rally, soaring by 15.02%. Its last done price reached ₱0.245, up by ₱0.032. The company traded 1,720,000 shares for a total value of ₱375,350.00, often subject to speculative interest in smaller tech-related issues.
Forum Pacific, Inc. (FPI) saw its shares appreciate by 12.73%, with its last done price at ₱0.310, a ₱0.035 increase. The company traded 270,000 shares for a total value of ₱75,000.00.
Other significant advancers included Araneta Properties, Inc. (ARA), which added ₱0.025 to its price, closing 9.26% higher at ₱0.295, with 420,000 shares traded for ₱117,200.00. Roxas and Company, Inc. (RCI) gained 8.26%, closing at ₱2.49 after a ₱0.19 increase, on a volume of 37,000 shares valued at ₱90,050.00. Alsons Consolidated Resources, Inc. (ACR), a Mindanao-based power generator, increased by 7.14% to ₱0.75 (up ₱0.05), on massive volume of 28,407,000 shares totaling ₱19,713,000.00, indicating investor confidence in its energy projects. Cirtek Holdings Philippines Corporation (TECH), another player in the electronics sector, saw a 6.06% rise to ₱1.05 (up ₱0.06), with 7,898,000 shares traded for ₱8,091,850.00. Discovery World Corporation (DWC) was up 5.75% to ₱0.92 (a ₱0.05 gain) on 50,000 shares worth ₱44,120.00. Boulevard Holdings, Inc. (BHI) posted a 5.71% increase, closing at ₱0.037 (up ₱0.002), with 3,000,000 shares valued at ₱108,700.00. Rounding out the top gainers, Ionics, Inc. (ION) advanced 5.22% to ₱1.41 (up ₱0.07), trading 2,139,000 shares for a total of ₱2,965,150.00, further solidifying the strong day for electronics manufacturing services.
Top Losers
On the losing end, Mabuhay Holdings Corporation (MHC) led the decliners, plummeting by 20.75% to a last done price of ₱0.084. The stock shed ₱0.022, with a volume of 30,000 shares and a total value of ₱2,550.00. Such significant drops in small-cap issues can often be attributed to profit-taking or a lack of new positive developments, especially for thinly traded stocks.
Manila Broadcasting Company (MBC) faced a sharp decline of 15.25%, with its last done price settling at ₱5.00, a decrease of ₱0.90. The media company traded 8,700 shares, valuing ₱43,580.00. Its peer, Manila Bulletin Publishing Corporation (MB), also fell significantly by 13.88% to ₱0.180, down ₱0.029, on 60,000 shares worth ₱10,800.00. Traditional media companies continue to navigate a challenging landscape with shifts in advertising revenues and increasing digital competition.
Cirtek Holdings Philippines Corporation Preferred B-2 Subseries D Shares (TCB2D), a preferred share of the electronics firm, dropped 10.84% to ₱6.83, losing ₱0.83, on a minimal volume of 200 shares valued at ₱1,364.00. Waterfront Philippines, Incorporated (WPI) saw its shares slide by 10.11% to ₱0.400 (a ₱0.045 decline), with 50,000 shares changing hands for ₱20,200.00, amid cautious sentiment in the tourism and hospitality sector. Supercity Realty Development Corporation (SRDC) also retreated by 10.01% to ₱8.00 (down ₱0.89), with 3,500 shares valued at ₱29,540.00. Manila Mining Corporation ``B`` (MAB) continued its downward trend, losing 9.09% to ₱0.0070 (shedding ₱0.0007), on a substantial volume of 20,000,000 shares worth ₱140,000.00, reflective of the inherent volatility in penny mining stocks and commodity price movements. A Brown Company, Inc. (BRN) dipped 8.96% to ₱0.61 (a ₱0.06 decrease), with 1,268,000 shares traded for ₱781,100.00. Medco Holdings, Inc. (MED) dropped 7.14% to ₱0.091 (losing ₱0.007), on 100,000 shares worth ₱9,510.00. Finally, Lopez Holdings Corporation (LPZ) concluded the top losers with a 7.08% decline to ₱5.25 (down ₱0.40), on a significant volume of 2,370,500 shares valued at ₱12,829,100.00, potentially influenced by ongoing challenges in its media segment and broader market adjustments impacting diversified conglomerates.
The day's trading highlighted divergent trends, with sectors like electronics benefiting from strong fundamentals or renewed interest, while traditional industries and speculative issues faced pressures from profit-taking and evolving market dynamics.
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