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Philippine Equities See Notable Swings: Supercity Realty and Cirtek Shine, LFM Properties and Del Monte Pacific Retreat

Posted on 9/23/26

Philippine equity markets experienced a day of significant movements on September 23, 2026, with a diverse set of companies seeing substantial gains and losses. Real estate and technology firms led the advancers, while some property, food, and energy shares faced downward pressure.

Top Performing Equities

Leading the day's rally was Supercity Realty Development Corporation (SRDC), which surged by an impressive 33.62%. The stock closed at ₱38.75, adding ₱9.75 to its previous close of ₱29.00. Trading volume for SRDC was 17,400 shares, generating a total value of ₱640,825.00. This strong performance comes amidst market whispers of an upcoming major residential development project set to significantly boost the company's portfolio.

Semiconductor technology firm Cirtek Holdings Philippines Corporation (TECH) also posted a robust gain, climbing 17.99%. Its share price increased by ₱0.25 from its previous close of ₱1.39, to finish the session at ₱1.64. The company saw considerable trading activity, with 24,030,000 shares exchanged, accumulating a total value of ₱37,279,600.00. Analysts attribute this rise to optimistic projections for global chip demand and potential new contract acquisitions.

Ionics, Inc. (ION), another player in the technology manufacturing sector, advanced by 11.35%. Its shares rose by ₱0.42 from ₱3.70 to a last done price of ₱4.12, with a substantial volume of 14,909,000 shares traded, valued at ₱59,541,100.00. The company continues to benefit from resurgent demand for electronic components.

In the leisure and tourism sector, Global-Estate Resorts, Inc. (GERI) saw an 8.62% increase, closing up ₱0.05 from ₱0.58 to ₱0.63. While trading only 68,000 shares for a total value of ₱40,860.00, the gain reflects growing investor confidence in the sector's recovery and the company's strategic resort developments.

Other notable gainers included Everwoods Green Resources and Holdings, Inc. (EGRN), up 7.69% to ₱0.028 (from ₱0.026) with a volume of 400,000 shares and total value of ₱10,800.00; Pacific Online Systems Corporation (LOTO), which rose 6.67% to ₱1.60 (from ₱1.50) on 12,000 shares valued at ₱19,150.00; Nihao Mineral Resources International, Inc. (NI), increasing 5.56% to ₱0.57 (from ₱0.54) with 247,000 shares worth ₱141,470.00; and Vantage Equities, Inc. (V), which saw its shares gain 5.04% to ₱1.46 (from ₱1.39) on a volume of 5,836,000 shares valued at ₱8,514,730.00. Cebu Landmasters, Inc. Series A-2 Preferred Shares (CLIA2) also posted a solid 4.04% gain, adding ₱40.00 to close at ₱1,030.00, while SBS Philippines Corporation (SBS) advanced 3.90%, closing at ₱3.20 (from ₱3.08).

Underperforming Equities

Conversely, LFM Properties Corporation (LPC) led the decliners, experiencing a significant drop of 15.00%. Its share price fell by ₱0.003 from ₱0.020 to close at ₱0.017. Despite a substantial volume of 1,500,000 shares, the total value traded was only ₱27,100.00, reflecting concentrated selling pressure for the penny stock.

Forum Pacific, Inc. (FPI) followed with an 11.11% decrease, shedding ₱0.035 from ₱0.315 to settle at ₱0.28. The company saw limited trading with 10,000 shares changing hands, amounting to ₱2,800.00 in total value.

Del Monte Pacific Limited (DELM) shares declined by 9.74%, closing at ₱3.43 after dropping ₱0.37 from its previous close of ₱3.80. The decline comes amidst broader concerns about rising commodity prices affecting food manufacturers, though only 1,000 shares were traded for a value of ₱3,430.00.

Alsons Consolidated Resources, Inc. (ACR), an energy and power generation firm, slid by 9.63%. Its stock ended the day at ₱1.22, down ₱0.13 from ₱1.35. Trading was active with 10,314,000 shares valued at ₱12,929,000.00, suggesting investor reactions to recent operational updates or fuel cost volatility.

The Philodrill Corporation (OV) also saw a substantial fall, losing 9.09% of its value. The oil and gas explorer's shares dropped ₱0.001 from ₱0.011 to ₱0.01, with an exceptionally high volume of 94,100,000 shares traded, totaling ₱1,007,300.00, indicating a significant sell-off.

Other significant losers included Harbor Star Shipping Services, Inc. (TUGS), down 8.99% to ₱1.62 (from ₱1.78) on 16,736,000 shares valued at ₱26,706,600.00, possibly due to concerns over global shipping rates; Lodestar Investment Holdings Corporation (LODE), declining 8.16% to ₱0.45 (from ₱0.49); Seafront Resources Corporation (SPM), falling 7.53% to ₱2.21 (from ₱2.39); Medco Holdings, Inc. (MED), dropping 6.67% to ₱0.098 (from ₱0.105); and Lepanto Consolidated Mining Company "A" (LC), also down 6.67% to ₱0.238 (from ₱0.255), possibly impacted by fluctuating metal prices.

The day's trading underscored a selective market, with specific sectoral catalysts driving movements, particularly in the real estate, technology, and resource sectors, as investors weighed various company-specific and macroeconomic factors.