Local Bourse Wrap: ISLAND Leads Rally, MERALCO Experiences Significant Pullback
Posted on 7/30/26
Opening on a dynamic note, trading activity at the local bourse today, July 30, 2026, saw significant movements among select issues, with a tech-focused micro-cap surging ahead while a utility behemoth took a considerable hit. Investors closely watched the shifts, driven by a mix of speculative plays and company-specific developments.
Top Gainers for the Day
Leading the rally was Island Information & Technology, Inc. (IS), which recorded an impressive 26.21% gain. Its Last Done Price stood at ₱0.183, marking a ₱0.038 Price Change. The company saw a massive Volume of 108,110,000 shares traded, generating a Total Value of ₱18,043,200.00. This surge comes amid recent unconfirmed reports of the company's strategic pivot into next-generation AI infrastructure, attracting significant investor interest.
Following closely was Jackstones, Inc. (JAS), up by 25.00%. Its shares closed at ₱1.95, a ₱0.39 increase from its previous close. Trading volume was modest at 1,000 shares, valuing the transactions at ₱1,950.00.
ENEX Energy Corp. (ENEX) also posted a strong performance, climbing 11.24%. Its Last Done Price reached ₱3.76, reflecting a ₱0.38 Price Change. The energy firm's shares exchanged hands for a Volume of 81,000, totaling ₱297,640.00. This uptick is reportedly buoyed by news of its successful bid for a new renewable energy project in the Visayas region.
Medco Holdings, Inc. (MED) advanced by 11.11%, with its Last Done Price moving to ₱0.11, a ₱0.011 gain. It saw a Volume of 1,570,000 shares worth ₱160,010.00.
Manila Broadcasting Company (MBC) rose by 9.22%, closing at ₱5.57, up ₱0.47, on a thin Volume of 700 shares valued at ₱3,903.00.
Anglo Philippine Holdings Corporation (APO) recorded an 8.55% increase, with its Last Done Price settling at ₱1.27. This was a ₱0.10 Price Change on a Volume of 2,100,000 shares, amounting to ₱2,633,400.00.
Asiabest Group International Inc. (ABG) also saw robust gains, up 7.14%. Its Last Done Price was ₱48.00, a ₱3.20 increase. The stock moved 1,341,400 shares for a substantial Total Value of ₱61,853,800.00.
PetroEnergy Resources Corporation (PERC) climbed 6.80% to ₱3.77, gaining ₱0.24. Its shares traded at a Volume of 736,000, for a Total Value of ₱2,859,290.00. The company's positive movement is potentially linked to favorable oil price trends and its expanding renewable energy portfolio.
Chelsea Logistics and Infrastructure Holdings Corp. (C) improved by 6.58%, with its Last Done Price at ₱0.81, up ₱0.05. It registered a Volume of 189,000 shares, for a Total Value of ₱151,740.00.
Rounding out the top gainers, APC Group, Inc. (APC) posted a 5.45% increase, closing at ₱0.116, a ₱0.006 Price Change. The company recorded a Volume of 1,840,000 shares, with a Total Value of ₱204,450.00.
Top Losers for the Day
On the losing end, Manila Electric Company (MER), or Meralco, experienced a significant decline, shedding 13.12% of its value. Its Last Done Price dropped to ₱480.00, a steep ₱72.50 decrease. Meralco's shares were actively traded, with a Volume of 2,092,530 and an immense Total Value of ₱1,048,190,020.00. The downturn comes amidst market anxieties following the recent announcement of a regulatory review on its power purchase agreements, potentially impacting future earnings.
LBC Express Holdings, Inc. (LBC) followed with a 10.55% fall. Its Last Done Price stood at ₱6.53, down ₱0.77. Trading activity was minimal, with only 400 shares exchanged for a Total Value of ₱2,606.00.
Filinvest Development Corporation (FDC) also registered a notable drop of 7.83%, with its shares closing at ₱3.53, a decrease of ₱0.30. A Volume of 1,710,000 shares generated a Total Value of ₱5,863,970.00. The conglomerate's decline is being attributed by some analysts to concerns over rising interest rates potentially affecting its property and banking segments.
Oriental Petroleum and Minerals Corporation "A" (OPM) declined by 7.14%, its Last Done Price reaching ₱0.013, a ₱0.001 fall. It traded 1,200,000 shares for a meager Total Value of ₱16,000.00.
Xurpas Inc. (X) saw its shares go down by 6.82%, closing at ₱0.205, a ₱0.015 drop. A Volume of 480,000 shares was traded, totaling ₱100,400.00.
Millennium Global Holdings, Inc. (MG) dropped 5.33%, with its Last Done Price at ₱0.071, a ₱0.004 decline. Volume was 70,000 shares, with a Total Value of ₱5,040.00.
Atok-Big Wedge Co., Inc. (AB) decreased by 5.32%, settling at ₱1.78, a ₱0.10 drop. It traded 20,000 shares for a Total Value of ₱36,410.00.
Greenergy Holdings Incorporated (GREEN) slipped 5.04%, with its Last Done Price at ₱0.132, a ₱0.007 decrease. A substantial Volume of 2,260,000 shares exchanged hands, for a Total Value of ₱302,600.00.
Kepwealth Property Phils., Inc. (KPPI) was down by 4.90%, closing at ₱1.36, a ₱0.07 drop. Only 1,000 shares were traded, amounting to ₱1,360.00.
Lastly, LFM Properties Corporation (LPC) rounded out the top losers with a 4.17% decline. Its Last Done Price stood at ₱0.023, down ₱0.001. A Volume of 100,000 shares was recorded, with a Total Value of ₱2,300.00.
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