Market Watch: Nihao, Victorias Milling Lead Gains Amidst Sector Shifts; Makati Finance, Filinvest Development Face Declines
Posted on 7/24/26
Trading on the Philippine Stock Exchange today revealed a dynamic session, with significant movements across various sectors. Resource-oriented companies and specific industrial players posted impressive gains, while some financial institutions and conglomerates experienced notable pullbacks, reflecting a mix of speculative interest and cautious investor sentiment.
Top Gainers
Leading the surge was Nihao Mineral Resources International, Inc. (NI), whose shares jumped by a remarkable 19.51%. The mining firm closed at a last done price of 0.49 pesos, marking a 0.08 peso increase from its previous close. Trading activity for Nihao involved 10,000 shares, generating a total value of 4,900.00 pesos, suggesting renewed interest in the mineral resources sector.
Victorias Milling Company, Inc. (VMC), a prominent player in the sugar and food industry, also saw robust performance, climbing 12.57% to close at 2.15 pesos. This represented a 0.24 peso gain on 53,000 shares, with a total value of 101,950.00 pesos. Positive developments in the agricultural commodity market or company-specific operational news could have contributed to its upward trajectory.
Both classes of Oriental Petroleum and Minerals Corporation shares posted identical gains. Oriental Petroleum and Minerals Corporation 'A' (OPM) rose by 7.69%, settling at 0.014 pesos, up 0.001 pesos. A high volume of 5,700,000 shares changed hands, totaling 74,900.00 pesos. Similarly, Oriental Petroleum and Minerals Corporation 'B' (OPMB) advanced 7.69% to 0.014 pesos, with 100,000 shares traded for 1,400.00 pesos. These movements highlight speculative activity often seen in oil and gas exploration companies.
Real estate developer Haus Talk, Inc. (HTI) also enjoyed a positive session, with its shares increasing by 5.26%. The stock closed at 1.40 pesos, up 0.07 pesos, with 495,000 shares traded for a total value of 663,860.00 pesos, indicating continued investor confidence in segments of the property market.
Other significant advancers included Prime Media Holdings, Inc. (PRIM), which gained 4.94% to 0.85 pesos (up 0.04 pesos) on a volume of 599,000 shares worth 508,850.00 pesos. Lorenzo Shipping Corporation (LSC) climbed 4.76% to 0.66 pesos (up 0.03 pesos) from a modest 4,000 shares valued at 2,640.00 pesos. Millennium Global Holdings, Inc. (MG) rose 4.23% to 0.074 pesos (up 0.003 pesos) on 630,000 shares worth 44,740.00 pesos. Integrated Micro-Electronics, Inc. (IMI), a leading electronics manufacturer, saw its shares increase by 3.62% to 6.29 pesos (up 0.22 pesos), with substantial trading of 3,290,900 shares amounting to 20,605,200.00 pesos, likely benefiting from global demand for semiconductors or positive corporate news. Figaro Culinary Group, Inc. (FCG) also closed higher, up 3.57% to 0.58 pesos (up 0.02 pesos) with 1,229,000 shares traded for 704,570.00 pesos, showing strength in the food and beverage sector.
Top Losers
On the flip side, Makati Finance Corporation (MFIN) led the decliners, plummeting 15.25%. Its last done price settled at 2.00 pesos, a significant drop of 0.36 pesos. Trading volume for MFIN was low at 1,000 shares, valued at 2,000.00 pesos. Such a sharp fall in a financial stock could signal specific company challenges or broader concerns within the finance industry.
Atok-Big Wedge Co., Inc. (AB) also experienced a substantial setback, with its shares falling 8.94% to 1.63 pesos, down 0.16 pesos. The mining firm traded 2,000 shares for a total value of 3,410.00 pesos, reflecting the inherent volatility of the mining sector.
In the real estate sector, Araneta Properties, Inc. (ARA) shares decreased by 8.47%, closing at 0.27 pesos, a dip of 0.025 pesos. 60,000 shares were traded, totaling 16,250.00 pesos. Similarly, Philippine Realty and Holdings Corporation (RLT) shed 6.86%, closing at 0.095 pesos, down 0.007 pesos, with 40,000 shares valued at 3,860.00 pesos. These declines suggest pockets of weakness within the property market.
Alliance Global Group, Inc. Warrants (AGIW) also saw a notable decline of 7.14%, ending the day at 1.04 pesos, a drop of 0.08 pesos. With 3,000 warrants traded for 3,180.00 pesos, the movement indicates investor sentiment towards the underlying conglomerate or general market uncertainty impacting more volatile instruments.
Other significant losers included Solid Group, Inc. (SGI), which fell 6.35% to 1.18 pesos (down 0.08 pesos) on 533,000 shares worth 649,460.00 pesos. Filinvest Development Corporation (FDC), a major diversified conglomerate, declined 6.02% to 3.90 pesos (down 0.25 pesos). FDC saw substantial trading with 1,362,000 shares valued at 5,331,800.00 pesos, potentially reflecting broader economic concerns or sector-specific headwinds impacting its diverse business segments.
Premiere Horizon Alliance Corporation (PHA) registered a 5.56% decrease, closing at 0.153 pesos (down 0.009 pesos) with 160,000 shares traded for 24,790.00 pesos. Alsons Consolidated Resources, Inc. (ACR) slid 5.41% to 0.70 pesos (down 0.04 pesos) on 564,000 shares worth 400,480.00 pesos, indicative of pressures in the energy and resource sectors. Lastly, Bank of Commerce (BNCOM) closed 5.10% lower at 10.04 pesos, a drop of 0.54 pesos, with 160,200 shares valued at 1,640,900.00 pesos, suggesting some challenges within the banking industry.
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