The property sector dropped sharply last week following China’s call to ban the operations of Philippine online gambling operator (POGO), and listed DMCI Holdings, Inc. was not spared despite positive developments in its property and energy units.

On Thursday last week, DMCI saw its shares slide by 11 centavos or 1.19 percent to P9.13, mimicking the 0.48-percent drop of the benchmark Philippine Stock Exchange index and 1.78-percent decrease for the property sector.