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Philippines stocks higher at close of trade; PSEi Composite up 0.41%

Published 06/17/2015, 04:35 AM
Philippines stocks higher at close of trade; PSEi Composite up 0.41%
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Investing.com – Philippines stocks were higher after the close on Wednesday, as gains in the Industrials, Holding Firms and Banking & Financials sectors led shares higher.

At the close in Philippines, the PSEi Composite rose 0.41%.

The best performers of the session on the PSEi Composite were Universal Robi (PS:URC), which rose 5.49% or 10.000 points to trade at 192.000 at the close. Meanwhile, Jg Summit (PS:JGS) added 4.19% or 2.800 points to end at 69.700 and Metro Pacifi I (PS:MPI) was up 3.84% or 0.170 points to 4.600 in late trade.

The worst performers of the session were Petron (PS:PCOR), which fell 4.74% or 0.420 points to trade at 8.450 at the close. San Miguel Cor (PS:SMC) declined 2.89% or 1.800 points to end at 60.500 and Dmci Holdings (PS:DMC) was down 2.46% or 0.340 points to 13.500.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 94 to 80 and 22 ended unchanged.

Shares in Petron (PS:PCOR) fell to 3-years lows; down 4.74% or 0.420 to 8.450.

Gold for August delivery was down 0.13% or 1.50 to $1179.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.93% or 0.56 to hit $61.02 a barrel, while the August Brent oil contract rose 1.03% or 0.66 to trade at $64.36 a barrel.

CNY/PHP was down 0.06% to 7.2662, while USD/PHP fell 0.04% to 45.120.

The US Dollar Index was down 0.14% at 95.08.

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