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Market Snapshot: Gaming and Energy Stocks Rally, Mining Sector Sees Pullback

Posted on 1/16/26

Trading activity on the local bourse saw a diverse performance across sectors today, with some gaming and energy-related counters posting significant gains, while mining firms generally experienced a retreat. Investors kept a close watch on corporate developments and prevailing market sentiments.

Leading the pack of top gainers was Asiabest Group International Inc., trading under the symbol ABG, which surged by 9.35%. The company’s shares closed at 16.60, marking a 1.42 increase. A total of 57,400 shares were traded, amounting to a value of 935,898.00. Following closely was Bloomberry Resorts Corporation (BLOOM), the operator of Solaire Resort and Casino, which climbed 8.53%. Its last done price settled at 2.80, up by 0.22, with a substantial volume of 202,986,000 shares exchanged, totaling 555,921,020.00 in value. The positive momentum for Bloomberry could be attributed to continued optimism surrounding the recovery of the tourism and gaming sectors, alongside potential updates on its expansion projects.

DFNN, Inc. (DFNN), a technology firm, also performed strongly, registering a 6.67% gain to close at 0.80, an increase of 0.05. Volume for DFNN was 61,000 shares, valuing 47,820.00. Retail player ALLDAY Marts, Inc. (ALLDY) saw its shares rise by 6.38%, adding 0.003 to finish at 0.050. The grocery chain saw 87,400,000 shares change hands for a total value of 4,450,900.00, potentially reflecting renewed investor interest in consumer-centric businesses amid positive retail outlooks. Waterfront Philippines, Incorporated (WPI) also appreciated by 6.10%, closing at 0.435 with a 0.025 increment, trading 530,000 shares for 225,500.00. Basic Energy Corporation (BSC), engaged in renewable energy projects, saw a 4.48% uptick to 0.140, gaining 0.006 on a volume of 7,960,000 shares worth 1,087,480.00, possibly on the back of recent announcements regarding its exploration efforts or renewable energy initiatives. RFM Corporation (RFM) secured a 3.83% increase, ending the day at 5.15 with a 0.19 gain and a value of 12,745,000.00 from 2,523,000 shares traded. Belle Corporation (BEL) added 0.05 to close at 1.39 (+3.73%), on a volume of 2,202,000 shares valued at 3,063,410.00. Manila Mining Corporation “B” (MAB) rose by 0.0003 to 0.0085 (+3.66%) with 30,000,000 shares traded for 254,600.00. Apollo Global Capital, Inc. (APL) also gained 0.0002 to 0.0061 (+3.39%) on 553,000,000 shares valued at 3,320,100.00.

On the losing end, Keppel Philippines Properties, Inc. (KEP) led the decliners, falling by 11.11% to a last done price of 2.40, shedding 0.30. Only 1,000 shares of Keppel changed hands, valuing 2,400.00. This significant drop could be linked to broader real estate market sentiment or specific company-related news that may have emerged. United Paragon Mining Corporation (UPM) followed with a 5.66% decline, closing at 0.0050, down by 0.0003. Its trading volume stood at 66,000,000 shares for a value of 333,600.00. Philippine Realty and Holdings Corporation (RLT) also saw a 5.45% decrease, ending at 0.104, a drop of 0.006, with 210,000 shares traded for 22,200.00.

Several mining companies felt the pressure today, possibly due to fluctuations in global commodity prices or sector-specific concerns. Lepanto Consolidated Mining Company “A” (LC) dipped by 4.37% to 0.197, losing 0.009, with 101,670,000 shares traded for 20,290,900.00. Atlas Consolidated Mining and Development Corporation (AT) also closed lower by 4.21% at 7.28, down by 0.32, with 2,706,100 shares worth 19,910,600.00. Global Ferronickel Holdings, Inc. (FNI) declined by 3.76% to 1.79, losing 0.07, on a volume of 1,593,000 shares valued at 2,823,120.00. Ferronoux Holdings, Inc. (FERRO) also recorded a 4.00% drop, shedding 0.20 to 4.80, with 73,300 shares traded for 403,417.00.

Other notable decliners included Philippine Infradev Holdings Inc. (INFRA), which fell by 4.05% to 0.355, a loss of 0.015, on 20,000 shares worth 7,100.00. Digilplus Interactive Corp. (PLUS), a leisure and gaming operator, also saw its shares retreat by 3.66% to 15.80, shedding 0.60, with a significant volume of 68,395,600 shares valued at 1,082,880,000.00. Keppelwealth Property Phils., Inc. (KPPI) also posted a 3.85% decrease, dropping 0.06 to 1.50, with 77,000 shares worth 125,440.00. The mixed performance reflects a cautious yet selective investment environment, with specific industry trends influencing individual stock movements.