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Philippines stocks higher at close of trade; PSEi Composite up 0.02%

Published 08/31/2017, 04:35 AM
Philippines stocks higher at close of trade; PSEi Composite up 0.02%
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Investing.com – Philippines stocks were higher after the close on Thursday, as gains in the Mining & Oil, Banking & Financials and Services sectors led shares higher.

At the close in Philippines, the PSEi Composite added 0.02%.

The best performers of the session on the PSEi Composite were Bank of the Philippine Islands (PS:BPI), which rose 2.32% or 2.40 points to trade at 105.90 at the close. Meanwhile, Ayala Corp (PS:AC) added 2.28% or 20.50 points to end at 920.00 and DMCI Holdings Inc (PS:DMC) was up 2.21% or 0.340 points to 15.700 in late trade.

The worst performers of the session were Universal Robina Corp (PS:URC), which fell 1.88% or 2.80 points to trade at 146.10 at the close. LT Group Inc (PS:LTG) declined 1.56% or 0.280 points to end at 17.720 and Metro Pacific Investments Corp (PS:MPI) was down 1.55% or 0.100 points to 6.350.

Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 101 to 84 and 63 ended unchanged.

Shares in Ayala Corp (PS:AC) rose to all time highs; up 2.28% or 20.50 to 920.00.

Gold Futures for December delivery was down 0.14% or 1.78 to $1312.32 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.39% or 0.18 to hit $46.14 a barrel, while the November Brent oil contract rose 0.10% or 0.05 to trade at $50.78 a barrel.

CNY/PHP was down 0.16% to 7.7590, while USD/PHP rose 0.10% to 51.200.

The US Dollar Index Futures was up 0.08% at 92.91.

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