Listed Macay Holdings Inc., the parent company of Arc Refreshments Corp., saw its shares climb by more than 20 percent week-on-week, following its announcement of acquiring Kitchen City last week.

Shares of Macay Holdings finished the shortened trading week as top gainer after it surged by 20.58 percent or P1.50 to P8.79 apiece amid the 0.61-percent decline of the Philippine Stock Exchange Index on Thursday.