Consolidated revenues were also up by 9%, driven by growth in airline and real estate, and sustained gains in food and beverage. @UTradePH

$JGS. JG Summit Holdings, Inc. reports an increase in net income of 3%, sending it to PhP 31.9B attributed to strong travel demand and sustained consumer spending. @UTradePH

EDC produced 77MW of geothermal, 40MWh of battery and energy storage projects, and 6MW of geothermal capacity for commissioning this year. @UTradePH

$FGEN. First Gen Corp. posted an 8% increase in net income due to higher electricity sales driven by stronger hydropower output. Subsidiary (EDC) Energy Development Corp., which had geothermal, wind, and solar assets accounted for 87% of total revenues. @UTradePH

It also reported a 10.6% increase in recurring net income to 2.6% attributed to the performance of its biodiesel, plastics, and consumer businesses. @UTradePH

It is currently negotiating with its global supplier network to maintain raw material flows and says that it has about 74 days’ worth of inventory left to support operations. @UTradePH

$DNL. D&L industries is closely monitoring the ongoing Middle Eastern conflict as it may potentially disrupt raw materials supply and costs but is confident in their ability to manage risks. @UTradePH

The project is expected to be commissioned in 2027 and generate about 330M KWh of electricity annually. @UTradePH

$ACEN. ACEN corp. has secured fresh funding through its project developer Diyos Renewables India Project Private Ltd., worth PhP 4.78Bfrom Japanese banks for its new 120-megawatt wind power project in Karnataka, India. @UTradePH

The power system will operate under Special Operating Guidelines (SOG) issued by the DOE, which prioritize optimal dispatch of available RE resources, conserve fuel inventories amid global fuel supply disruptions, and provide an operational framework for system dispatch @UTradePH

The suspension was issued pursuant to Executive Order No. 110, Series of 2026, which declared a state of national energy emergency due to global fuel supply disruptions and rising oil price. @UTradePH

Power sector. The ERC has ordered the suspension of operations of the WESM across grids effective 26 March 2026, as part of urgent government measures to address energy supply risks and price volatility arising from the ongoing geopolitical conflict in the Middle East. @UTradePH

Total market turnover reached PhP 7.4B with net foreign inflows of PhP 224.7M. ICT (+2.70%) was the most actively traded stock with PhP 1.2B volume. @UTradePH

$PSEi. The Philippine Stock Exchange index (PSEi) bounced back on Wednesday, with the index climbing by 1.82% or 107.97 points to 6,044.17. This is mainly attributable to investor optimism over a potential US-Iran agreement that could ease geopolitical tensions. @UTradePH

The DJIA surged by 0.66% to 46,429.40, the S&P 500 rose by 0.54% to 6,591.90, and the Nasdaq Composite jumped by 0.77% to 21,929.83. @UTradePH

Despite the market rally after last week’s turmoil, Citi Wealth’s Kate Moore warned that optimism may be overdone, urging investors to build portfolios resilient to potential prolonged conflict and inflationary risks. @UTradePH

Note that earlier, state media reported that Iran rejected the US ceasefire offer, and presented its own five-point plan that would give it control over the Strait of Hormuz. @UTradePH

US stock market. All three major US indices edged higher on Wednesday as investors reacted to mixed signals from Iran conflict. @UTradePH

Urea prices have already surged globally and locally, increasing the risk of weaker agricultural output for the 2026-2027 cycle. @UTradePH

Rising global prices amid Middle East tensions, along with shipment delays during planting months (March-May), could reduce fertilizer use and hurt crop yields. @UTradePH