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Philippines stocks higher at close of trade; PSEi Composite up 0.53%

Published 07/31/2015, 04:35 AM
Updated 07/31/2015, 04:35 AM
Philippines stocks higher at close of trade; PSEi Composite up 0.53%

Investing.com – Philippines stocks were higher after the close on Friday, as gains in the Holding Firms, Industrials and Property sectors led shares higher.

At the close in Philippines, the PSEi Composite gained 0.53%.

The best performers of the session on the PSEi Composite were Metro Pacifi I (PS:MPI), which rose 2.32% or 0.110 points to trade at 4.850 at the close. Meanwhile, Alliance Globa (PS:AGI) added 1.57% or 0.350 points to end at 22.600 and Dmci Holdings (PS:DMC) was up 1.18% or 0.140 points to 11.900 in late trade.

The worst performers of the session were Petron (PS:PCOR), which fell 1.61% or 0.120 points to trade at 10.000 at the close. Robinsons Land (PS:RLC) declined 1.57% or 0.450 points to end at 28.150 and Phi Long Dis T (PS:TEL) was down 1.17% or 34.00 points to 2886.00.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 94 to 77 and 20 ended unchanged.

Gold for December delivery was down 0.63% or 6.90 to $1081.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.24% or 0.60 to hit $47.92 a barrel, while the September Brent oil contract fell 0.98% or 0.53 to trade at $52.78 a barrel.

CNY/PHP was up 0.24% to 7.3659, while USD/PHP rose 0.24% to 45.740.

The US Dollar Index was down 0.03% at 97.59.

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