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Philippines stocks higher at close of trade; PSEi Composite up 0.97%

Published 02/13/2018, 03:35 AM
Philippines stocks higher at close of trade; PSEi Composite up 0.97%
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Investing.com – Philippines stocks were higher after the close on Tuesday, as gains in the Property, Holding Firms and Mining & Oil sectors led shares higher.

At the close in Philippines, the PSEi Composite gained 0.97%.

The best performers of the session on the PSEi Composite were SM Prime Holdings Inc (PS:SMPH), which rose 3.29% or 1.150 points to trade at 36.150 at the close. Meanwhile, Aboitiz Equity Ventures Inc (PS:AEV) added 2.71% or 1.950 points to end at 73.950 and Robinsons Land Corp (PS:RLC) was up 2.70% or 0.550 points to 20.950 in late trade.

The worst performers of the session were Jollibee Foods Corp (PS:JFC), which fell 2.12% or 6.00 points to trade at 277.00 at the close. San Miguel Corp (PS:SMC) declined 2.07% or 3.00 points to end at 142.00 and Emperador Inc (PS:EMP) was down 1.83% or 0.140 points to 7.510.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 109 to 96 and 48 ended unchanged.

Gold Futures for April delivery was up 0.41% or 5.40 to $1331.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.57% or 0.34 to hit $59.63 a barrel, while the April Brent oil contract rose 0.67% or 0.42 to trade at $63.01 a barrel.

CNY/PHP was up 0.01% to 8.1955, while USD/PHP rose 0.06% to 51.998.

The US Dollar Index Futures was down 0.40% at 89.65.

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