International Container Terminal Services, Inc. (ICT) has officially made history, becoming the first-ever domestic company on the Philippine Stock Exchange (PSE) to close with a market capitalization (MCAP) exceeding the Php 2 trillion milestone.
Building on a record-breaking close of Php 2.01 trillion on Tuesday, July 14, 2026, ICT’s market value climbed further to Php 2.02 trillion on Wednesday, July 15. The surge was propelled by the company’s share price closing at an all-time high of Php 999, after reaching an unprecedented intraday high of Php 1,020.
This historic achievement highlights an incredibly rapid ascent for the global port operator. ICT previously breached the Php 1 trillion MCAP milestone on September 17, 2025—meaning the company has effectively doubled its market value in less than 10 months.
Before officially securing its record-breaking close this week, ICT flirted with the Php 2 trillion mark during intraday trading on two prior occasions:
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June 16, 2026: Reached an intraday high of Php 995.
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July 13, 2026: Reached an intraday high of Php 1,000.
The monumental milestone reflects deep investor confidence in ICT’s aggressive global expansion and robust operational model.
Commenting on the historic event, PSE President and CEO Ramon S. Monzon stated: “Doubling its market cap less than 10 months after breaching the Php 1 trillion market capitalization is nothing short of extraordinary. This performance speaks of confidence in the leadership of ICT Chairman and President, Mr. Enrique K. Razon, Jr., and in the strategic direction of the company as it continues to expand its global port and logistics operations.”
With its steadily expanding footprint across international trade routes and dominant position in local logistics, ICT’s record-breaking performance cements its status as the crown jewel of the Philippine equities market.
