PSE Market Wrap: Banking and Tech Giants Ascend, Smaller Banks and Retail Face Headwinds
Posted on 12/12/25
The Philippine Stock Exchange witnessed a dynamic trading day, characterized by notable surges in key sectors like banking and telecommunications, while some smaller market players and specific segments experienced significant pullbacks. Investors closely monitored company-specific developments and broader economic trends, contributing to a mixed performance across the board.Market Movers: Top Gainers for the Day
Leading the charge among the day's top performers was Converge Information and Communications Technology Solutions, Inc. (CNVRG), which posted a robust increase of P0.78, or an impressive 5.31%, to close at P15.48. The fiber internet provider's consistent network expansion and strong subscriber acquisition continue to drive investor confidence, cementing its status as a growth engine in the digital infrastructure space. CNVRG saw a substantial trading volume of 16,711,500 shares, accumulating a total value of ₱255,427,000.00.
Banking giant BDO Unibank, Inc. (BDO) also demonstrated significant strength, climbing by P5.20, or 4.26%, to settle at P127.20. As the country's largest bank, BDO continues to benefit from a favorable interest rate environment, healthy loan growth, and a stable financial outlook. Its shares were actively traded, with 4,763,570 units changing hands, for a total value of ₱599,568,000.00.
In the infrastructure and logistics sector, Asian Terminals, Inc. (ATI) recorded a strong ascent, with its shares rising by P1.55, a 4.68% increase, to close at P34.70. The port operator's performance likely reflects an uptick in trade volumes and overall economic activity. ATI's trading volume stood at 169,100 shares, generating a total value of ₱5,783,000.00.
The recovery in tourism continued to bolster gaming firms, with Bloomberry Resorts Corporation (BLOOM) gaining P0.09, or 3.46%, to finish at P2.69. Strong visitor arrivals and the robust performance of its Solaire Resort and Casino are key factors driving its positive sentiment. A total of 12,994,000 Bloomberry shares were traded, valued at ₱34,845,000.00.
Rounding out the prominent gainers was conglomerate Alliance Global Group, Inc. (AGI), which added P0.17, or 2.60%, to close at P6.70. AGI's diversified portfolio spanning real estate, liquor, fast food, and gaming likely capitalized on resilient consumer spending and the ongoing tourism rebound. The stock registered a volume of 11,411,800 shares, with a total value of ₱76,530,900.00.
Noteworthy Declines: Top Losers for the Day
Conversely, the day saw significant declines in other segments. Citystate Savings Bank, Inc. (CSB) led the losers with a sharp drop of P2.48, or 12.73%, closing at P17.00. Such a pronounced fall for a smaller financial institution could signal specific corporate news or a re-evaluation of its risk profile by investors. CSB's trading activity involved 7,427,400 shares, valued at ₱126,184,000.00.
Crown Equities, Inc. (CEI) also experienced a notable downturn, shedding P0.006, or 7.59%, to end the day at P0.073. This small-cap firm, often susceptible to higher volatility, traded 9,280,000 shares, with a total value of ₱677,650.00.
In the energy sector, Coal Asia Holdings Incorporated (COAL) faced pressure, declining by P0.001, a 4.35% decrease, to close at P0.022. Shares in coal-related companies often react to global shifts towards renewable energy and fluctuations in international commodity prices. The stock saw 20,300,000 shares traded, for a total value of ₱452,000.00.
Retail operator AllDay Marts, Inc. (ALLDY) also saw its shares fall by P0.001, or 3.13%, ending at P0.031. The retail sector continues to navigate intense competition and consumer spending patterns, which remain sensitive to inflation and economic uncertainties. AllDay Marts recorded a volume of 53,600,000 shares, generating a total value of ₱1,637,400.00.
Real estate developer DoubleDragon Corporation (DD) slipped by P0.27, or 2.91%, to finish at P9.00. The property sector's performance has been a mixed bag, influenced by factors such as rising interest rates that impact borrowing costs for both developers and potential homebuyers. Trading volume for DoubleDragon stood at 194,700 shares, with a total value of ₱1,773,800.00.
Even a leader in the renewable energy space, ACEN Corporation (ACEN), registered a modest dip of P0.05, or 1.86%, closing at P2.64. While ACEN maintains a strong long-term growth trajectory, its shares may be experiencing a period of profit-taking or reacting to broader market sentiment affecting growth stocks. The stock saw 11,965,000 shares traded, for a total value of ₱31,798,200.00.
Finally, airline operator Cebu Air, Inc. (CEB) also closed lower, down by P0.65 or 1.96%, to P32.50. The airline industry remains highly susceptible to fluctuations in global fuel prices and dynamic passenger demand, which can significantly impact operational costs and profitability. Cebu Air traded 4,700 shares, for a total value of ₱152,730.00.
