👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

Philippines stocks higher at close of trade; PSEi Composite up 0.49%

Published 01/15/2018, 03:35 AM
Philippines stocks higher at close of trade; PSEi Composite up 0.49%
PSI
-
PSIN
-
PSMO
-
PSHO
-
AP
-
GLO
-
ICT
-
JFC
-
MBT
-
MEG
-

Investing.com – Philippines stocks were higher after the close on Monday, as gains in the Mining & Oil, Industrials and Holding Firms sectors led shares higher.

At the close in Philippines, the PSEi Composite rose 0.49%.

The best performers of the session on the PSEi Composite were Jollibee Foods Corp (PS:JFC), which rose 3.45% or 8.80 points to trade at 263.80 at the close. Meanwhile, International Container Terminal Services Inc (PS:ICT) added 3.23% or 3.500 points to end at 112.000 and Aboitiz Power Corp (PS:AP) was up 2.50% or 1.00 points to 41.00 in late trade.

The worst performers of the session were Megaworld Corp (PS:MEG), which fell 4.31% or 0.220 points to trade at 4.880 at the close. Metropolitan Bank and Trust Co (PS:MBT) declined 2.46% or 2.70 points to end at 107.00 and Globe Telecom Inc (PS:GLO) was down 1.72% or 30.00 points to 1710.00.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 109 to 99 and 52 ended unchanged.

Shares in Jollibee Foods Corp (PS:JFC) rose to all time highs; rising 3.45% or 8.80 to 263.80. Shares in International Container Terminal Services Inc (PS:ICT) rose to 52-week highs; gaining 3.23% or 3.500 to 112.000.

Gold Futures for February delivery was up 0.55% or 7.40 to $1342.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.05% or 0.03 to hit $64.33 a barrel, while the March Brent oil contract fell 0.13% or 0.09 to trade at $69.78 a barrel.

CNY/PHP was up 0.12% to 7.8163, while USD/PHP fell 0.04% to 50.345.

The US Dollar Index Futures was down 0.10% at 90.53.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.