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Philippines stocks higher at close of trade; PSEi Composite up 0.01%

Published 09/17/2018, 04:35 AM
Philippines stocks higher at close of trade; PSEi Composite up 0.01%
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Investing.com – Philippines stocks were higher after the close on Monday, as gains in the Industrials, Property and Services sectors led shares higher.

At the close in Philippines, the PSEi Composite rose 0.01%.

The best performers of the session on the PSEi Composite were Universal Robina Corp (PS:URC), which rose 2.83% or 4.00 points to trade at 145.30 at the close. Meanwhile, Jollibee Foods Corp (PS:JFC) added 2.23% or 6.00 points to end at 275.00 and SM Prime Holdings Inc (PS:SMPH) was up 1.65% or 0.600 points to 37.000 in late trade.

The worst performers of the session were Security Bank Corp (PS:SECB), which fell 3.30% or 6.00 points to trade at 176.00 at the close. Megaworld Corp (PS:MEG) declined 2.74% or 0.120 points to end at 4.260 and Aboitiz Equity Ventures Inc (PS:AEV) was down 2.69% or 1.300 points to 47.000.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 97 to 94 and 44 ended unchanged.

Shares in Security Bank Corp (PS:SECB) fell to 52-week lows; falling 3.30% or 6.00 to 176.00. Shares in Aboitiz Equity Ventures Inc (PS:AEV) fell to 3-years lows; falling 2.69% or 1.300 to 47.000.

Gold Futures for December delivery was up 0.02% or 0.20 to $1201.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.65% or 0.45 to hit $69.22 a barrel, while the November Brent oil contract rose 0.56% or 0.44 to trade at $78.53 a barrel.

CNY/PHP was up 0.07% to 7.8861, while USD/PHP rose 0.05% to 54.165.

The US Dollar Index Futures was down 0.19% at 94.33.

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