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Local Bourse Highlights: Seafont Resources, Synergy Grid Lead Ascenders; Asian Terminals Retreats

Posted on 3/11/26

Trading on March 11, 2026, concluded with a notable mix of performances across various sectors on the local stock market. Resource, metals, and infrastructure-related firms demonstrated significant strength, while some consumer goods and logistics entities experienced declines.

Top Gainers:

Leading the day's positive movements was Seafont Resources Corporation (SPM), which saw its shares surge by an impressive 14.50 percent. The stock closed at ₱3.00, marking a ₱0.38 increase from its previous close. Trading volume for SPM reached 11,000 shares, generating a total value of ₱33,000.00.

TKC Metals Corporation (T) also posted substantial gains, climbing 13.11 percent to a last done price of ₱0.345. This represented a ₱0.04 price change, with 10,000 shares traded for a total value of ₱3,450.00. Investors appeared keen on metals-related issues during the session.

A significant mover with considerable market activity was Synergy Grid & Development Phils., Inc. (SGP), which advanced by 11.83 percent. The infrastructure-focused company closed at ₱20.80, up by ₱2.20 per share. Its strong performance was backed by a substantial trading volume of 3,409,600 shares, accumulating a total value of ₱67,521,600.00. This upward trend for SGP might reflect continued investor confidence in the nation's energy transmission sector and ongoing infrastructure developments.

In the retail space, Allday Marts, Inc. (ALLDY) experienced a notable rise of 11.76 percent, ending the day at ₱0.038. The stock added ₱0.004 with a robust volume of 29,400,000 shares, valued at ₱1,067,100.00. Similarly, APC Group, Inc. (APC) gained 11.43 percent, closing at ₱0.117, a positive change of ₱0.012, with 2,780,000 shares traded for ₱319,630.00.

Another strong performer was Apex Mining Co., Inc. (APX), whose shares increased by 8.27 percent to close at ₱16.50. The mining firm added ₱1.26 per share, driven by a high trading volume of 6,834,700 shares, translating to an impressive total value of ₱110,980,000.00. This rally for APX could be attributed to favorable shifts in global commodity prices or specific operational news.

Top Losers:

On the downside, Swift Foods, Inc. (SFI) recorded the steepest decline, shedding 7.55 percent of its market value. Its last done price settled at ₱0.049, down by ₱0.004, with 10,000 shares traded for a total value of ₱490.00.

Asian Terminals, Inc. (ATI), a significant player in the port and logistics sector, saw its shares dip by 6.45 percent, closing at ₱29.00. This represented a ₱2.00 decline per share, with 27,200 shares changing hands for a total value of ₱739,415.00. The performance of logistics companies like ATI often provides insights into broader trade and economic activity.

Mabuhay Holdings Corporation (MHC) also posted a considerable loss, falling by 6.15 percent to ₱0.122, a decrease of ₱0.008. Volume for MHC stood at 30,000 shares, valued at ₱3,660.00. Panasonic Manufacturing Philippines Corporation (PMPC) saw its stock drop by 5.71 percent, finishing at ₱8.91, down by ₱0.54, on a volume of 33,000 shares worth ₱296,331.00.

Healthcare distributor Medilines Distributors Incorporated (MEDIC) experienced a 4.95 percent decrease, closing at ₱0.211. Its shares were down by ₱0.011, with 260,000 shares traded for ₱55,080.00. Lastly, Concreat Holdings Philippines, Inc. (CHP) registered a decline of 3.30 percent, settling at ₱0.88. The stock lost ₱0.03 per share, with 1,180,000 shares exchanging hands for a total value of ₱1,050,430.00.