☰

Market Snapshot: Mining and Banking Shine, Realty and Holdings Face Headwinds

Posted on 1/13/26

Trading activity on the local bourse saw a mix of strong advances and notable declines today, as investors navigated various sector-specific developments and broader market sentiment. Resource and financial sectors demonstrated resilience, while select real estate and holding firms experienced significant corrections.

Top Performers of the Day

Leading the pack of gainers was IPM HOLDINGS, INC. (IPM), which surged by an impressive 12.50%. The stock closed at 1.80, up 0.20, with a volume of 1,000 shares valued at 1,800.00. This upward momentum could be attributed to renewed investor interest in infrastructure-related holding companies, potentially on the back of anticipated government spending.

Also registering strong gains was VICTORIAS MILLING COMPANY, INC. (VMC), advancing 9.14% to finish at 2.15, marking a 0.18 increase. A robust volume of 547,000 shares traded for a total value of 1,174,030.00 suggests positive sentiment, possibly buoyed by favorable sugar prices or improved agricultural sector outlook.

OMICO CORPORATION (OM) also saw its shares climb by 9.90%, closing at 0.111, a gain of 0.010. The company traded 540,000 shares worth 61,780.00. Following closely was MANILA MINING CORPORATION "B" (MAB), whose shares appreciated by 8.11%, adding 0.0006 to settle at 0.0080. A substantial 41,000,000 shares changed hands, totaling 325,900.00 in value, indicating renewed interest in the mining sector amid potential commodity price rallies.

PRIMEX CORPORATION (PRMX) also posted a respectable 6.90% gain, ending the session at 1.24, up 0.08, with 2,000 shares traded for 2,480.00. PETROENERGY RESOURCES CORPORATION (PERC) climbed 6.70%, closing at 3.82, a 0.24 increase, on a volume of 127,000 shares valued at 456,490.00. The rise in energy stocks often reflects a positive outlook on global oil prices or the company's renewable energy ventures.

PHILIPPINE REALTY AND HOLDINGS CORPORATION (RLT) added 5.98%, finishing at 0.124, up 0.007, with 290,000 shares traded for 35,400.00. Financial giant PHILIPPINE NATIONAL BANK (PNB) also had a strong showing, rising 5.80% to 62.00, a significant 3.40 increase. Its robust trading volume of 1,261,510 shares, valued at 76,653,000.00, suggests strong institutional buying, possibly fueled by positive earnings forecasts or dividend expectations.

Rounding out the top gainers were SWIFT FOODS, INC. (SFI), up 5.88% to 0.054 (0.003 change, 170,000 shares, 9,090.00 value), and ORIENTAL PENINSULA RESOURCES GROUP, INC. (ORE), which gained 5.75% to 0.460 (0.025 change, 470,000 shares, 213,550.00 value).

Significant Declines Observed

On the flip side, SUPERCITY REALTY DEVELOPMENT CORPORATION (SRDC) faced a steep decline, plunging 25.17% to close at 18.52, down 6.23. The significant drop on a volume of 19,500 shares (valued at 377,795.00) indicates strong selling pressure, potentially triggered by project-specific concerns or a broader cautious sentiment in the property development sector.

SEAFRONT RESOURCES CORPORATION (SPM) also experienced a substantial loss, falling 13.36% to 1.99, a decrease of 0.31. The company traded 1,000 shares for 2,010.00. METRO ALLIANCE HOLDINGS & EQUITIES CORP. "A" (MAH) saw its shares decline by 11.11%, ending at 0.40, a 0.05 loss, with 30,000 shares worth 12,000.00.

ASIABEST GROUP INTERNATIONAL INC. (ABG) posted a 9.00% loss, settling at 16.38, down 1.62. This movement, on a volume of 21,200 shares valued at 353,416.00, might reflect investor caution regarding the leisure and tourism sector or company-specific operational news. MABUHAY VINYL CORPORATION (MVC) also dipped by 8.24%, closing at 4.90, down 0.44, with 7,700 shares traded for 37,904.00.

LFM PROPERTIES CORPORATION (LPC) saw its shares decrease by 6.98%, finishing at 0.040, a 0.003 drop. The stock traded 500,000 shares for 20,000.00. CITYSTATE SAVINGS BANK, INC. (CSB) shares fell 6.54%, closing at 14.86, a 1.04 decline. While the volume was modest at 6,800 shares (valued at 105,270.00), the dip in banking shares can sometimes be linked to specific internal news or a general shift in financial sector sentiment.

Other notable losers included PAXYS, INC. (PAX), down 6.40% to 2.34 (0.16 change, 10,000 shares, 23,400.00 value); NATIONAL REINSURANCE CORPORATION OF THE PHILIPPINES (NRCP), which slid 5.95% to 0.79 (0.05 change, 973,000 shares, 790,750.00 value); and ATOK-BIG WEDGE CO., INC. (AB), declining 5.17% to 2.20 (0.12 change, 20,000 shares, 44,320.00 value).

The day’s trading underscored a selective market, rewarding companies with positive momentum or sector-specific tailwinds, while punishing others facing operational challenges or dampened investor confidence.