Market Activity: Miners and Property Giants Rally, Retail and Media Brands See Setbacks
Posted on 7/10/26
Trading on the local bourse today, July 10, 2026, saw a dynamic mix of sector performances, with several mining and real estate firms registering significant advances, while retail and media companies experienced notable declines. Investor interest was evidently drawn to commodities and property, potentially on renewed optimism, contrasting with headwinds for consumer-facing and traditional media businesses.
Top Performing Stocks
Leading the day's gainers was Nihao Mineral Resources International, Inc. (NI), whose shares surged by 17.95 percent, or PHP 0.07, to close at a Last Done Price of PHP 0.46. The stock traded 100,000 shares, generating a Total Value of PHP 46,000.00. Following closely was Cirtek Holdings Philippines Corporation (TECH), which saw its stock price climb 10.75 percent, adding PHP 0.10 to reach a Last Done Price of PHP 1.03. The technology holding firm recorded a robust Volume of 11,574,000 shares, translating to a Total Value of PHP 11,665,300.00.
Central Azucarera de Tarlac, Inc. (CAT) also had a strong showing, increasing by 8.86 percent, or PHP 0.81, to settle at PHP 9.95. Despite the impressive percentage gain, its trading activity was limited, with a Volume of just 200 shares and a Total Value of PHP 1,990.00. Harbor Star Shipping Services, Inc. (TUGS) navigated its way up, gaining 8.33 percent (PHP 0.08) to reach a Last Done Price of PHP 1.04, fueled by a Volume of 4,642,000 shares worth PHP 4,726,290.00.
The mining sector continued its strong performance with Atlas Consolidated Mining and Development Corporation (AT) rising 6.41 percent (PHP 0.50) to a Last Done Price of PHP 8.30, trading 4,995,300 shares for a Total Value of PHP 41,730,800.00. Apex Mining Co., Inc. (APX) also moved higher, up 6.21 percent (PHP 0.76) to PHP 13.00, registering the highest turnover among the gainers with a substantial Volume of 34,250,400 shares and a Total Value of PHP 434,248,000.00. The positive sentiment around mining stocks could be attributed to a generally favorable outlook for commodity prices.
In the property sector, Ayala Land, Inc. (ALI), a bellwether developer, saw its shares appreciate by 5.96 percent, adding PHP 0.90 to close at a Last Done Price of PHP 16.00. The stock was actively traded with 24,890,800 shares changing hands, amounting to a Total Value of PHP 397,247,008.00. This increase suggests sustained investor confidence in the real estate market.
Biggest Decliners
On the losing end, Robinsons Retail Holdings, Inc. (RRHI) recorded the sharpest drop, plummeting by 18.72 percent, or PHP 8.75, to settle at a Last Done Price of PHP 38.00. The retail giant saw 60,900 shares traded, valued at PHP 2,662,980.00. The decline could reflect ongoing concerns about consumer spending or competitive pressures in the retail landscape.
Media-related entities also faced headwinds. ABS-CBN Holdings Corporation - Philippine Deposit Receipts (ABSP) fell significantly by 13.85 percent, or PHP 0.45, closing at a Last Done Price of PHP 2.80, with 17,000 shares worth PHP 47,820.00. Its parent company, ABS-CBN Corporation (ABS), also declined by 5.99 percent (PHP 0.20) to PHP 3.14. The media company traded 419,000 shares for a Total Value of PHP 1,348,570.00. Both entities continue to navigate a challenging industry landscape marked by shifting viewership to digital platforms and intense competition.
Dizon Copper-Silver Mines, Inc. (DIZ) also saw a significant dip, down 12.46 percent (PHP 0.43) to a Last Done Price of PHP 3.02, on a modest Volume of 2,000 shares worth PHP 6,030.00. Waterfront Philippines, Incorporated (WPI) shares depreciated by 12.37 percent (PHP 0.06) to PHP 0.425, with 10,000 shares changing hands for a Total Value of PHP 4,250.00.
Rounding out the major losers were Kepwealth Property Phils., Inc. (KPPI), which shed 6.72 percent (PHP 0.09) to PHP 1.25, and Wellex Industries, Inc. (WIN), down 6.67 percent (PHP 0.02) to PHP 0.28. The Philodrill Corporation (OV), an oil and gas exploration firm, slipped 5.88 percent (PHP 0.0005) to PHP 0.0080 on a high Volume of 14,000,000 shares, suggesting cautious sentiment in the energy sector. SBS Philippines Corporation (SBS) also closed lower by 5.11 percent (PHP 0.17) to PHP 3.16.
Overall, the market presented a mixed picture, with specific sectors like mining and large-cap property developers attracting capital, while others, particularly retail and traditional media, continued to face pressure.
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