PSE Watch: Mining and Interactive Gaming See Strong Gains; Holdings and Banking Face Headwinds
Posted on 10/9/26
Market activity on the local bourse saw varied performances today, with significant surges observed in select shipping, food, and gaming-related issues, contrasting with declines across some holding firms and financial institutions. Investors focused on companies with sector-specific positive developments or those navigating broader economic trends.
Top Gainers Shine Bright
Leading the pack of gainers was Harbor Star Shipping Services, Inc. (TUGS), which saw its shares surge by a remarkable 15.50%. The maritime logistics provider closed at 1.49 pesos, up 0.20 pesos from its previous close. Trading volume reached 2,124,000 shares, generating a total value of 3,094,710.00 pesos, potentially reflecting renewed optimism in the shipping sector's recovery or specific contract wins for the company.
Following closely was Figaro Culinary Group, Inc. (FCG), which climbed 14.93%, closing at 0.77 pesos, a gain of 0.10 pesos. With a substantial volume of 58,439,000 shares and a total value of 45,162,200.00 pesos, the quick-service restaurant operator's performance suggests strong investor confidence, possibly spurred by expansion plans or robust sales figures. Recent reports on the company's aggressive store expansion strategy in key provincial areas might have fueled this upward movement.
Metro Alliance Holdings & Equities Corp. (MAH) also posted a significant gain, rising 14.04% to close at 0.65 pesos, adding 0.08 pesos to its value. Though trading a modest 30,000 shares for a total value of 18,100.00 pesos, the holding company's ascent indicates positive sentiment surrounding its underlying assets or strategic directions.
Digital entertainment company DigiPlus Interactive Corp. (PLUS) proved to be another market favorite, recording a 12.47% increase. Its shares ended the day at 8.21 pesos, up 0.91 pesos, on a volume of 3,768,600 shares valued at 29,911,200.00 pesos. The company has recently been active in expanding its online gaming platforms, a factor likely contributing to its strong performance.
Other notable gainers included Discovery World Corporation (DWC) with an 11.11% rise to 1.00 peso (up 0.10 pesos), Keppel Philippines Properties, Inc. (KEP) advancing 11.07% to 2.71 pesos (up 0.27 pesos), and Lorenzo Shipping Corporation (LSC) up 9.52% to 0.69 pesos (up 0.06 pesos). Pacific Online Systems Corporation (LOTO) also enjoyed a 9.46% hike, closing at 1.62 pesos (up 0.14 pesos), possibly riding on favorable sentiment for lottery and gaming operators. Swift Foods, Inc. (SFI) saw an 8.33% increase to 0.052 pesos (up 0.004 pesos). Rounding out the top gainers was Apex Mining Co., Inc. (APX), which climbed 7.72% to 17.58 pesos (up 1.26 pesos) amid sustained strong metal prices globally, with 2,701,600 shares traded for a total value of 46,590,000.00 pesos.
Under Pressure: Holdings and Financials Among Top Losers
On the other side of the ledger, Pacifica Holdings, Inc. (PA) suffered the steepest decline, shedding 15.38% of its value to close at 1.10 pesos, down 0.20 pesos. The company traded 17,000 shares for a total of 17,820.00 pesos. General market concerns about holding companies or specific corporate developments might have contributed to its downturn.
Prime Media Holdings, Inc. (PRIM) also experienced a substantial drop, falling 10.58% to 0.93 pesos, a decrease of 0.11 pesos. Volume for the media holding firm was 16,000 shares, valuing 15,080.00 pesos. The media sector has faced increasing competition and evolving consumption habits, potentially impacting investor sentiment for companies like Prime Media.
Alliance Select Foods International, Inc. (FOOD) slid 7.53%, closing at 0.43 pesos, down 0.035 pesos. With 220,000 shares changing hands for a total value of 95,000.00 pesos, the food processing company's performance could be linked to commodity price volatility or export market challenges.
Supercity Realty Development Corporation (SRDC) declined by 5.21%, ending at 38.20 pesos, a loss of 2.10 pesos, while Centro Escolar University (CEU) shares dropped 4.63% to 13.58 pesos (down 0.66 pesos). Premiere Horizon Alliance Corporation (PHA) also fell 4.61% to 0.145 pesos (down 0.007 pesos).
In the banking sector, Philippine Savings Bank (PSB) closed 4.28% lower at 49.20 pesos, down 2.20 pesos, on a volume of 1,340 shares valued at 65,866.50 pesos. This dip could reflect broader anxieties about interest rate movements or competitive pressures within the financial industry. Greenergy Holdings Incorporated (GREEN) also saw its shares decrease by 4.11% to 0.140 pesos (down 0.006 pesos).
Rounding out the day's significant decliners were Megawide Construction Corporation Non-Voting Perpetual Series 6C Preferred Shares (MWP6C), which slipped 3.70% to 104.00 pesos (down 4.00 pesos), and SSI Group, Inc. (SSI), down 2.93% to 1.99 pesos (down 0.06 pesos), with 46,000 shares traded for 90,390.00 pesos.
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