PSE Trading Sees Notable Swings: Cirtek Preferred Shares Lead Rally, Concrete Aggregates Dips
Posted on 8/6/26
The local bourse witnessed a day of significant movements among individual equities, with a preferred share of Cirtek Holdings Philippines Corporation soaring to lead the gainers, while Concrete Aggregates Corporation faced a substantial decline. Mining and property-related stocks also experienced notable shifts, reflecting a mixed sentiment across various sectors.
Top Gainers: Preferred Shares and Mining Interests Emerge Strong
Leading the rally today was TCB2A, the CIRTEK HOLDINGS PHILIPPINES CORPORATION PREFERRED B-2 SUBSERIES "A" SHARES, which surged by 25.00%. The stock closed at ₱0.05, marking a ₱0.01 increase from its previous close. Trading saw 20,300 shares change hands, amounting to a total value of ₱61,662.30. This strong performance in preferred shares often signals renewed investor confidence or specific company-related developments that boost sentiment for fixed-income securities.
Following closely was Altus Property Ventures, Inc. (APVI), recording an impressive 9.38% jump. Its last done price settled at ₱11.20, up by ₱0.96. The property firm traded 12,700 shares for a total value of ₱142,000.00, potentially benefiting from positive sector outlook or specific project updates.
Makati Finance Corporation (MFIN) also saw robust gains, climbing 8.64% to close at ₱2.39. It posted a price change of ₱0.19, with 2,000 shares traded for a total value of ₱4,780.00. This uptick suggests increased interest in financial services, possibly in anticipation of improved lending conditions or sector growth.
Anglo Philippine Holdings Corporation (APO) enjoyed an 8.44% increase, with its shares trading at ₱1.67, up by ₱0.13. The holding firm saw substantial activity, with 5,801,000 shares valued at ₱9,465,710.00, likely driven by its diverse investment portfolio.
Mining stocks showed a collective upward trend. Benguet Corporation "B" (BCB) rose 7.78% to ₱6.79, adding ₱0.49. A volume of 86,700 shares generated a total value of ₱566,464.00. Oriental Petroleum and Minerals Corporation "A" (OPM) gained 7.69%, closing at ₱0.014 with a ₱0.001 increase. Its trading volume was significant at 9,200,000 shares, for a value of ₱119,800.00. Atok-Big Wedge Co., Inc. (AB) also advanced by 5.85% to ₱1.99, a ₱0.11 gain, on a volume of 5,000 shares valued at ₱10,030.00. Manila Mining Corporation "A" (MA) was up 5.63% to ₱0.0075, with a ₱0.0004 increase, trading a massive 42,000,000 shares for ₱314,200.00. Lepanto Consolidated Mining Company "B" (LCB) increased by 5.58% to ₱0.227, up ₱0.012, with 5,980,000 shares traded for ₱1,339,940.00. The broad gains across mining companies suggest positive sentiment for commodity prices or favorable policy developments.
Lastly among the top gainers, SAN MIGUEL CORPORATION SERIES "2" PREFERRED SHARES – SUBSERIES "2-R" (SMC2R) posted a 5.28% increase, closing at ₱78.75, up ₱3.95, on a modest volume of 50 shares worth ₱3,898.00.
Top Losers: Construction, Tech, and Other Preferred Shares Retreat
On the losing end, Concrete Aggregates Corp. "A" (CA) recorded the steepest fall, plummeting 11.82%. Its last done price stood at ₱51.10, a significant drop of ₱6.85. The stock traded 680 shares, generating a total value of ₱34,937.00. This decline could be indicative of headwinds in the construction sector or specific company concerns.
Nihao Mineral Resources International, Inc. (NI), another mining-related counter, went against the general mining trend, losing 10.71%. Shares closed at ₱0.375, down by ₱0.045, with 1,350,000 shares traded for ₱526,450.00. This divergence might point to company-specific issues or profit-taking after recent gains.
Xurpas Inc. (X), the technology firm, continued its downward trajectory, shedding 9.52%. Its shares ended at ₱0.19, a decrease of ₱0.02, on a volume of 920,000 shares valued at ₱177,380.00. The tech sector has been particularly sensitive to market sentiment, and Xurpas has faced its own operational challenges.
Enex Energy Corp. (ENEX) declined by 8.24%, with its price settling at ₱3.12, down ₱0.28. A total of 67,000 shares were traded, amounting to ₱203,380.00. Energy stocks can be volatile, reacting to shifts in global oil prices or local regulatory news.
CIRTEK HOLDINGS PHILIPPINES CORPORATION PREFERRED B-2 SUBSERIES C SHARES (TCB2C) also saw a significant drop of 8.00%, closing at ₱8.28, a decrease of ₱0.72. This is in contrast to its Series "A" counterpart, suggesting varied investor preference or specific dynamics for different preferred share tranches. Volume for TCB2C was 6,900 shares, with a total value of ₱57,204.00.
Other notable losers included Primex Corporation (PRMX), down 7.00% to ₱0.93, a ₱0.07 decrease, on 26,000 shares worth ₱24,780.00. Ayalaland Logistics Holdings Corp. (ALLHC) fell 5.47% to ₱1.21, down ₱0.07, with 1,322,000 shares valued at ₱1,607,720.00. Easycall Communications Philippines, Inc. (ECP) dropped 5.37% to ₱2.29, a ₱0.13 decrease, on 1,000 shares worth ₱2,290.00. Philippine Estates Corporation (PHES) declined 5.26% to ₱0.36, down ₱0.02, with 80,000 shares worth ₱30,300.00. Finally, Now Corporation (NOW) closed down 5.00% at ₱0.475, a ₱0.025 decrease, with a volume of 5,273,000 shares totaling ₱2,480,720.00.
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