Port Operator ICT Leads Rally; DITO CME Shares Retreat in Active Trading
Posted on 6/23/26
Local equities witnessed a dynamic trading session, with significant movements among top-tier and speculative issues. International Container Terminal Services, Inc. (ICT) emerged as a major driver for the day's gains, propelled by robust investor interest. Conversely, DITO CME Holdings Corp. (DITO) saw considerable selling pressure, highlighting shifting sentiments in the telecommunications sector.
Top Gainers Showcase Sectoral Strengths and Speculative Bets
Leading the pack of advancers was Suntrust Resort Holdings, Inc. (SUN), which climbed impressively by 15.29% or 0.065 to close at 0.49. The gaming and tourism sector play saw 190,000 shares traded, amounting to a total value of 93,800.0. Investors may be anticipating progress or positive developments regarding its integrated resort project in Entertainment City.
Lorenzo Shipping Corporation (LSC) also posted strong gains, rising by 11.29% or 0.07 to settle at 0.69. A total of 168,000 shares changed hands, valued at 115,430.0. Dominion Holdings, Inc. (DHI) saw its shares appreciate by 8.81% or 0.59, closing at 7.29. The stock recorded significant activity with a volume of 2,046,200 shares, generating a total value of 14.50 million, suggesting renewed interest in the holding firm.
Property developers Sta. Lucia Land, Inc. (SLI) and Cityland Development Corporation (CDC) also performed well, gaining 7.37% (0.14 to 2.04) and 7.27% (0.04 to 0.59), respectively. Araneta Properties, Inc. (ARA) followed suit with a 5.77% increase, adding 0.015 to reach 0.275.
Rounding out the top gainers were Victorias Milling Company, Inc. (VMC), up 5.26% or 0.10 to 2.00, and Megawide Construction Corporation (MWIDE), which climbed 4.93% or 0.18 to 3.83. Megawide, a prominent player in the construction sector, saw a healthy volume of 3,751,000 shares traded, valued at 14.22 million. Cebu Landmasters, Inc. (CLI) also posted a respectable 4.81% gain, increasing by 0.10 to 2.18.
However, the day's most impactful gainer by value was International Container Terminal Services, Inc. (ICT). The port operator's shares surged by 5.05%, or 43.50, to close at 905.00. This rally was backed by an immense volume of 2,422,280 shares, generating a staggering total value of 2.19 billion, indicating strong investor confidence possibly fueled by positive global trade outlooks or robust operational performance reports.
DITO CME Leads Retreat Amidst Significant Losers
On the flip side, Everwoods Green Resources and Holdings, Inc. (EGRN) experienced the sharpest decline, shedding 9.68% or 0.003 to end the day at 0.028. This penny stock traded 2,200,000 shares for a value of 62,600.0.
ABS-CBN Holdings Corporation - Philippine Deposit Receipts (ABSP) continued its struggle, dropping by 9.38% or 0.15 to a last done price of 1.45. A total of 694,000 PDRs were traded, valuing 1.00 million, as the company navigates its ongoing transformation and content strategy amidst a challenging media landscape.
Ferronoux Holdings, Inc. (FERRO) also saw a notable decrease of 8.37% or 0.21, closing at 2.30. Dizon Copper-Silver Mines, Inc. (DIZ) fell by 7.69% or 0.25 to 3.00, while Filinvest Development Corporation (FDC) recorded a 7.45% dip, losing 0.35 to finish at 4.35.
Boulevard Holdings, Inc. (BHI) posted a 6.90% decline, shedding 0.002 to 0.027, with a high volume of 8,600,000 shares exchanged for a value of 237,000.0. National Reinsurance Corporation of the Philippines (NRCP) also retreated by 6.52% or 0.06 to 0.86, and Alsons Consolidated Resources, Inc. (ACR) saw a 5.80% drop, losing 0.04 to end at 0.65.
A significant laggard in terms of traded value was DITO CME Holdings Corp. (DITO), whose shares declined by 5.56% or 0.04 to close at 0.68. The telco challenger saw an enormous volume of 30,171,000 shares traded, generating a total value of 20.84 million. The considerable selling pressure on DITO might be attributed to ongoing competitive challenges or investor caution regarding its profitability trajectory.
Petron Corporation Non-Voting Perpetual Series 4A Preferred Shares (PRF4A) rounded out the major losers, decreasing by 5.53% or 55.00 to 940.00, with a value of 4.79 million.
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