☰

Market Snapshot: Dominion Holdings Surges, Zeus Holdings Dips in Active Trading

Posted on 1/23/26

Philippine equities saw dynamic movements in today's trading session, with several companies experiencing significant gains while others faced a downturn. Resource-linked firms and real estate players largely dominated the top advancers, reflecting particular investor interest in these sectors.

Top Performers of the Day

Leading the charge was Dominion Holdings, Inc. (DHI), which saw its shares skyrocket by an impressive 50.0%. Closing at ₱2.10, up from its previous close of ₱1.40, the stock recorded a price change of ₱0.70. Trading volume for Dominion Holdings reached 18,569,000 shares, translating to a total value of ₱38,371,800.00. The surge in DHI could be attributed to ongoing restructuring efforts or positive sentiment surrounding its real estate portfolio, which often sees renewed interest in a recovering economic climate.

Shell Pilipinas Corporation (SHLPH) also posted a strong performance, climbing by 9.47%. Its shares closed at ₱11.10, an increase of ₱0.96 from ₱10.14. A total of 2,408,600 shares of Shell Pilipinas were traded, amounting to ₱26,260,700.00. The oil and gas sector has recently benefited from stabilizing global crude prices and improving demand forecasts, which likely boosted investor confidence in SHLPH.

Nickel Asia Corporation (NIKL) followed suit, gaining 8.77% to close at ₱4.96. The mining firm's shares changed by ₱0.40, with 22,278,000 shares traded for a total value of ₱107,915,000.00. Rising commodity prices, particularly for nickel, have been a tailwind for miners like NIKL, driven by global demand for electric vehicle batteries and stainless steel production.

Other significant gainers included Synergy Grid & Development Phils., Inc. (SGP), which advanced by 6.65% to ₱18.92, trading 10,430,700 shares valued at ₱192,830,000.00. Suntrust Resort Holdings, Inc. (SUN) also rose by 5.33% to ₱0.79, on a volume of 567,000 shares worth ₱440,550.00, potentially reflecting optimism in the tourism and gaming sector's recovery. Rockwell Land Corporation (ROCK) saw a 5.21% increase, closing at ₱2.02, with 2,251,000 shares valued at ₱4,443,160.00, suggesting continued strength in the high-end property market.

Companies Facing Declines

On the flip side, Zeus Holdings, Inc. (ZHI) emerged as the day's top loser, shedding 8.11% of its value. Its shares ended the session at ₱0.068, down ₱0.006 from its previous close of ₱0.074. A total of 2,070,000 shares of Zeus Holdings changed hands, for a total value of ₱141,200.00. Such movements in holding firms can sometimes be due to broader market corrections or specific internal company developments.

PetroEnergy Resources Corporation (PERC) also experienced a notable drop of 8.00%, settling at ₱3.22. The energy firm's stock was down by ₱0.28, with 27,000 shares traded worth ₱87,580.00. This decline could be linked to profit-taking after recent gains or concerns over specific project developments. LBC Express Holdings, Inc. (LBC) followed, declining by 7.98% to ₱7.50, on a relatively thin volume of 3,600 shares valued at ₱27,795.00, perhaps indicating market re-evaluation of its logistics operations.

Manila Bulletin Publishing Corporation (MB) fell by 7.57% to ₱0.171, with 110,000 shares traded for ₱18,840.00. AllDay Marts, Inc. (ALLDY) also posted a significant loss of 7.27%, closing at ₱0.051. Its shares were actively traded with 69,350,000 shares changing hands, totaling ₱3,591,210.00. The performance of retail companies like ALLDY can be influenced by consumer spending trends and competitive pressures in the sector.

Citystate Savings Bank, Inc. (CSB) saw a 7.25% drop, closing at ₱14.84 with a small volume of 100 shares worth ₱1,484.00, suggesting limited trading activity might have exaggerated the percentage change. Other notable losers included ATOK-BIG WEDGE Co., Inc. (AB), down 6.88% to ₱2.30, and PHINMA Corporation (PHN), which slid 6.25% to ₱15.00.