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Trading Session Highlights: PTFC Redevelopment Soars, Filinvest Preferred Shares Decline

Posted on 7/2/26

The latest trading day witnessed a dynamic performance across the board, with several companies experiencing significant upward movements, while others faced notable declines. Leading the charge among the day's top performers were PTFC Redevelopment Corporation and ABS-CBN Corporation, reflecting varied market sentiments in specific sectors.

Among the top gainers, PTFC Redevelopment Corporation (TFC) led the ascent, closing at a last done price of 70.00. This marked a substantial increase of 15.00 or 27.27% from its previous close. Trading activity for TFC was relatively low, with 130 shares exchanged for a total value of 8,775.00.

Media giant ABS-CBN Holdings Corporation - Philippine Deposit Receipts (ABSP) also saw a strong performance, climbing by 0.36 to a last done price of 2.40, a 17.65% surge. Its common shares, ABS-CBN Corporation (ABS), similarly gained 0.23, reaching 2.74, or 9.16%. The positive movement for ABS-CBN and its PDRs could reflect continued investor confidence in its pivot to digital content and strategic partnerships, as the company navigates the evolving media landscape.

Electronics manufacturing services provider Ionics, Inc. (ION) posted a gain of 0.17, closing at 1.37, an increase of 14.17%. The company saw robust trading volume, with 7,020,000 shares valued at 9,331,550.00. This could be indicative of renewed optimism in the global technology sector.

Another notable gainer was Apollo Global Capital, Inc. (APL), which advanced by 0.0008 to a last done price of 0.0065, representing a 14.04% jump. The stock registered significant volume, with 1,142,000,000 shares traded, totaling 7,102,700.00 in value, often seen in speculative plays.

Rounding out the top gainers were Lodestar Investment Holdings Corporation (LODE), up 0.04 to 0.33 (13.79%), with 270,000 shares valued at 86,650.00; A Brown Company, Inc. (BRN), rising 0.06 to 0.69 (9.52%), with 10,000 shares for 6,710.00; Jollibee Foods Corporation (JFC), a blue-chip favorite, climbed 8.80 to 148.80 (6.29%), with 4,310,120 shares changing hands for a massive 629,307,010.00, potentially boosted by strong consumer outlook or expansion news; Axelum Resources Corp. (AXLM), up 0.16 to 2.72 (6.25%), on 670,000 shares worth 1,735,130.00; and Shell Pilipinas Corporation (SHLPH), adding 0.51 to 9.00 (6.01%), with 936,400 shares valued at 8,322,350.00, likely benefiting from favorable energy market conditions.

On the other side of the ledger, a number of stocks experienced significant pullbacks. Filinvest Development Corporation Series A Preferred Shares (FDCPA) topped the list of decliners, plummeting by 176.00 to a last done price of 990.00, a steep 15.09% drop. Volume was 3,455 shares, with a total value of 3,052,800.00. Such a sharp decline in preferred shares could signal broader concerns about interest rate movements or specific company news impacting fixed-income instruments.

Suntrust Resort Holdings, Inc. (SUN) also fell significantly, shedding 0.065 or 13.13% to close at 0.43. Only 10,000 shares were traded, amounting to 4,300.00, suggesting limited investor interest or a reaction to project-specific developments.

The banking sector saw Bank of Commerce (BNCOM) decline by 0.92, closing at 10.22, an 8.26% decrease. Trading volume for BNCOM was 63,700 shares, for a total value of 672,874.00, possibly reflecting broader cautious sentiment in the financial industry.

Other significant losers included LFM Properties Corporation (LPC), down 0.002 to 0.025 (7.41%) on 900,000 shares worth 23,100.00; Zeus Holdings, Inc. (ZHI), dropping 0.004 to 0.051 (7.27%) on 30,000 shares valued at 1,570.00; Oriental Petroleum and Minerals Corporation 'A' (OPM), which lost 0.001 to 0.013 (7.14%) with a massive 261,300,000 shares traded for 3,398,100.00; Atok-Big Wedge Co., Inc. (AB), down 0.10 to 1.42 (6.58%) on 246,000 shares worth 353,940.00; Figaro Culinary Group, Inc. (FCG), declining 0.03 to 0.51 (5.56%) with 666,000 shares valued at 345,020.00; LBC Express Holdings, Inc. (LBC), down 0.37 to 6.50 (5.39%) with only 300 shares for 1,951.00; and Philippine Bank of Communications (PBC), shedding 0.84 to close at 15.00 (5.30%) on 62,700 shares valued at 938,646.00.