Local Bourse Sees Mixed Fortunes: IPM Soars as LBC Express Dips
Posted on 9/4/26
Trading activity on the local bourse saw a day of pronounced movements, with several small- to mid-cap companies experiencing significant swings. Investors witnessed a stark divergence in performance, particularly among holding firms, resource plays, and select service-oriented companies, reflecting targeted interest and profit-taking in various segments.
Top Gainers Rally on Speculative Interest, Sector Optimism
Leading the pack of gainers was IPM HOLDINGS, INC., trading under the symbol IPM. The stock surged by 0.53 points to close at 2.17, marking an impressive 32.32% increase. With a relatively low volume of 6,000 shares traded, valued at 12,400.00, its move suggests strong, albeit concentrated, buying interest. Mabuhay Holdings Corporation (MHC) also saw a significant boost, climbing 23.53% or 0.02 to a Last Done Price of 0.105. Its 170,000 shares traded amounted to 16,740.00 in value.
Oriental Peninsula Resources Group, Inc. (ORE), a player in the mining sector, registered a gain of 0.06 points or 10.71%, closing at 0.62. This upward movement for ORE came with a substantial volume of 5,876,000 shares, totaling 3,671,850.00, potentially riding on positive sentiment for commodity prices. Island Information & Technology, Inc. (IS) followed suit with a 10.66% increase, adding 0.013 to reach 0.135, on 16,850,000 shares worth 2,236,960.00.
Other notable advancers included CTS GLOBAL EQUITY GROUP, INC. (CTS), which rose by 0.035 to 0.365 (10.61%) with 1,110,000 shares valued at 398,150.00. Lorenzo Shipping Corporation (LSC) gained 0.06, or 9.52%, closing at 0.69 from just 10,000 shares traded worth 6,800.00. PAL HOLDINGS, INC. (PAL), the parent company of the flag carrier, climbed 0.23 or 8.68% to 2.88. The aviation sector has been recovering, and renewed optimism in travel could be fueling this rise, reflected in its 2,599,000 traded shares worth 7,309,330.00.
Oriental Petroleum and Minerals Corporation 'B' (OPMB) added 0.001, up 7.69%, to end at 0.014 on a massive volume of 151,700,000 shares valued at 2,123,600.00. Premiere Horizon Alliance Corporation (PHA) increased by 0.012 (7.14%) to 0.18 with 4,270,000 shares worth 769,970.00, while Supercity Realty Development Corporation (SRDC) saw a 0.59-point rise to 9.69, a 6.48% gain on minimal trading volume.
Losers Dominated by Logistics, Tech, and Consumer Firms
On the losing end, LBC EXPRESS HOLDINGS, INC. (LBC) led the declines, shedding 0.84 points or 10.70% to close at 7.01. The logistics and remittance firm traded only 400 shares for a total value of 2,804.00, suggesting a sharp, perhaps isolated, sell-off. Jackstones, Inc. (JAS) followed with a 10.56% drop, losing 0.19 to finish at 1.61, on 79,000 shares valued at 129,740.00.
Prime Media Holdings, Inc. (PRIM) saw its shares fall by 0.13, or 10.24%, closing at 1.14 with 51,000 shares worth 57,060.00. Wellex Industries, Inc. (WIN) declined by 0.03 or 9.68% to 0.28, trading 30,000 shares valued at 8,300.00. Tech company XURPAS INC. (X) continued its challenging run, dropping 0.015 or 6.82% to 0.205 on 30,000 shares worth 6,150.00, indicative of persistent headwinds in the sector.
Other significant losers included Discovery World Corporation (DWC), which dipped 0.06 or 5.66% to 1.00 on a small volume of 1,000 shares. Axelum Resources Corp. (AXLM), an exporter of coconut products, saw a 0.16-point decline, or 5.21%, to 2.91 with 1,020,000 shares worth 3,052,550.00. Medilines Distributors Incorporated (MEDIC) fell by 0.012 (5.17%) to 0.22 on 320,000 shares. Asia United Bank Corporation (AUB) was also among the top decliners, shedding 2.65 or 4.73% to 53.35, trading 137,230 shares for a total value of 7,430,240.00, potentially due to profit-taking after recent banking sector performance. Upson International Corp. (UPSON) rounded out the bottom movers, decreasing by 0.04 or 4.60% to 0.83 on 406,000 shares.
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