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Market Snapshot: Metro Alliance Rockets, Semirara Mining Dips Amid Active Trading

Posted on 9/18/26

Trading on the local bourse on September 18, 2026, saw a mix of extreme volatility and significant movements across various sectors, with some smaller cap issues experiencing dramatic shifts while major players faced notable declines. Investors navigated a day marked by both speculative gains and pronounced losses.

Top Gainers for the Day

Leading the surge was Metro Alliance Holdings & Equities Corp. (MAH), which skyrocketed by an astounding 94.59%. The stock closed at 0.72 pesos, up by 0.35 pesos from its previous close. This dramatic movement was driven by a volume of 610,000 shares, valuing 555,280.00 pesos. Such a sharp increase for MAH, often characterized by its speculative nature, typically follows significant corporate announcements or market speculation.

Following MAH was Supercity Realty Development Corporation (SRDC), which climbed 12.81%. Its last done price settled at 32.15 pesos, gaining 3.65 pesos. A total of 17,100 shares were traded, amounting to 564,110.00 pesos, signaling renewed interest in the property development sector.

ABS-CBN Holdings Corporation - Philippine Deposit Receipts (ABSP) also registered a strong performance, rising by 10.92% to close at 2.64 pesos, up 0.26 pesos. This comes despite its parent company, ABS-CBN Corporation (ABS), experiencing a significant decline, suggesting a divergence in investor sentiment or specific factors affecting the PDRs. Only 1,000 shares of ABSP were traded, for a total value of 2,640.00 pesos.

Prime Media Holdings, Inc. (PRIM) also saw robust gains, advancing by 10.89%. Its share price increased by 0.11 pesos to 1.12 pesos, with 39,000 shares changing hands, totaling 43,820.00 pesos.

Further bolstering the positive sentiment among gainers were Filinvest Development Corporation (FDC) and ACEN Corporation (ACEN). FDC, a diversified conglomerate, appreciated by 9.23%, closing at 4.14 pesos, up 0.35 pesos, with 151,000 shares valued at 581,480.00 pesos. Renewable energy player ACEN gained 9.13%, closing at 2.87 pesos, up 0.24 pesos, on a massive volume of 36,419,000 shares worth 101,990,000.00 pesos, reflecting ongoing investor confidence in the green energy sector and its expansion initiatives.

China Banking Corporation (CBC) also posted a respectable 4.85% increase, with its shares ending at 54.00 pesos, a rise of 2.50 pesos. This was backed by a significant trade value of 37,999,600.00 pesos from 726,230 shares, indicating strength within the banking sector.

Top Losers for the Day

On the flip side, Semirara Mining and Power Corporation (SCC) led the decliners, plunging by 10.42%. Its stock closed at 17.96 pesos, a decrease of 2.09 pesos. The coal mining and power producer recorded substantial trading activity with 9,870,200 shares exchanged, valuing 184,742,000.00 pesos. This significant drop for SCC could be attributed to fluctuating global coal prices or concerns regarding environmental policies affecting fossil fuel-based power generation.

ABS-CBN Corporation (ABS) faced a challenging day, dropping 9.09% to end at 3.00 pesos, down by 0.30 pesos. A total of 511,000 shares were traded for 1,577,710.00 pesos. The media giant continues to navigate operational adjustments and market challenges following its franchise renewal struggles, contrasting sharply with the positive movement seen in its PDRs.

Cebu Air, Inc. (CEB), operator of Cebu Pacific, saw its shares fall by 8.19% to 21.85 pesos, a decline of 1.95 pesos. The airline sector remains sensitive to factors such as fuel costs and competitive pressures, with 3,777,800 shares worth 83,782,800.00 pesos traded.

Bloomberry Resorts Corporation (BLOOM), which operates Solaire Resort & Casino, declined by 7.18%, closing at 1.94 pesos, down 0.15 pesos. A hefty 120,062,000 shares of BLOOM were traded, totaling 234,608,000.00 pesos, suggesting notable profit-taking or concerns within the leisure and gaming industry.

Large-cap conglomerate SM Investments Corporation (SM) also experienced a substantial loss, shedding 5.98% of its value. The stock closed at 503.00 pesos, a significant drop of 32.00 pesos. This major blue-chip recorded the highest value traded for the day among the decliners, with 2,309,170 shares worth 1,170,669,950.00 pesos, indicating a broader cautious sentiment or specific concerns impacting its diverse portfolio in retail, banking, and property.

Rounding out the significant losers was Megaworld Corporation (MEG), a prominent real estate developer, which fell by 5.91%. Its shares closed at 2.07 pesos, down by 0.13 pesos, with 79,251,000 shares traded for a total of 164,532,992.00 pesos. This decline suggests potential headwinds or a re-evaluation within the property development sector.