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The Week In Review: Market Navigates Gains and Losses Amid Economic Signals

Posted on 9/20/26

The trading week of September 14 to 18, 2026, presented a complex picture for investors, marked by both extraordinary gains and sharp declines across various sectors. The local market largely reflected underlying economic sentiments, with central bank hints of impending rate cuts injecting some optimism for growth-oriented sectors, even as lingering concerns over recent typhoon impacts on tourism and supply chains weighed heavily on others. GDP growth figures, while stable, did little to unify market direction, leading to a highly segmented performance.

Leading the charge this week was Supercity Realty Development Corporation (SRDC), which started the week with a price of 10.0 and closed at 32.15, achieving an astounding maximum gain of 221.50%. This impressive surge peaked at 32.15 on September 17, underscoring strong speculative interest or significant positive news for the realty sector, possibly driven by the prospects of cheaper borrowing costs from the central bank’s potential rate adjustments. Metro Alliance Holdings & Equities Corp (MAH) also delivered a remarkable performance, starting at 0.37 and settling with 0.72 at the end of the week, with a max gain of 94.59%, peaking at 0.72 on September 17, signaling a renewed investor confidence in its ventures.

Further demonstrating robust gains, Roxas and Company, Inc. (RCI) commenced the week at 2.5 and concluded at 3.3, registering a significant 32.00% maximum gain, peaking at 3.3 on September 17. The energy sector also saw bright spots, with Semirara Mining and Power Corporation (SCC) exhibiting a max gain of 16.30%, peaking at 20.05 on September 16. Similarly, PAL Holdings, Inc. (PAL) soared, starting the week at 3.09 and settling with 3.53 at the end, realizing a 14.24% maximum gain, peaking at 3.53 on September 17, likely benefiting from a temporary lull in bad weather or positive travel outlook, despite broader tourism concerns.

However, the week was not without its pronounced declines. ABS-CBN Holdings Corporation - Philippine Deposit Receipts (ABSP) experienced a steep fall, starting at 3.12 and ending at 2.64, with its maximum loss hitting 23.72%. The lowest day of the week for ABS-CBN Holdings was on September 15, when its price dropped to 2.38. Its parent company, ABS-CBN Corporation (ABS), also faced headwinds, starting at 3.3 and settling at 3.0, suffering a 9.09% max loss, reflecting ongoing challenges within the media landscape and potentially investor reevaluation of traditional media assets amidst digital transformation.

The travel and leisure sector, in particular, bore the brunt of market anxieties. Cebu Air, Inc. (CEB) started the week at 26.0 and settled with 21.85 at the end, suffering a substantial 15.96% maximum loss. The lowest day of the week for Cebu Air, Inc. was on September 17, when its price reached 21.85, a downturn that could be attributed to the recent typhoon impacts disrupting travel plans and broader investor caution regarding the sector’s immediate recovery. Bloomberry Resorts Corporation (BLOOM), a significant player in the tourism and gaming industry, also saw its shares tumble, starting at 2.20 and closing at 1.94, with an 11.82% maximum loss and its lowest point hitting 1.94 on September 17, mirroring the general weakness in leisure stocks.

The property sector also exhibited mixed signals. While some, like Supercity Realty, thrived, others like Altus Property Ventures, Inc. (APVI) faced declines, starting at 11.88 and ending at 11.0, experiencing a 10.10% maximum loss with its lowest point at 10.68 on September 15. Elsewhere, Citystate Savings Bank, Inc. (CSB) provided a positive note in the financial sector, starting at 13.02 and settling with 14.28, seeing a 9.83% max gain, peaking at 14.3 on September 15. This suggests that while overall market sentiment was fragmented, specific institutions might be positioned to benefit from a potentially looser monetary policy, or demonstrated strong fundamentals.

As the week concluded, the market's performance underscored the prevailing bifurcated sentiment. Strong performances in select realty, energy, and airline counters suggested resilience and targeted investor interest, perhaps fueled by the anticipation of central bank rate cuts and the longer-term infrastructure development agenda. However, significant losses in media, other property, and leisure stocks highlighted vulnerabilities to evolving industry landscapes and immediate external shocks like adverse weather conditions, painting a nuanced picture for the coming trading sessions.