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Philippines stocks higher at close of trade; PSEi Composite up 0.88%

Published 11/10/2016, 03:35 AM
Philippines stocks higher at close of trade; PSEi Composite up 0.88%
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Investing.com – Philippines stocks were higher after the close on Thursday, as gains in the Services, Industrials and Banking & Financials sectors led shares higher.

At the close in Philippines, the PSEi Composite rose 0.88%.

The best performers of the session on the PSEi Composite were International Container Terminal Services Inc (PS:ICT), which rose 5.42% or 3.900 points to trade at 75.900 at the close. Meanwhile, Metropolitan Bank and Trust Co (PS:MBT) added 4.18% or 3.25 points to end at 81.00 and First Gen Corp (PS:FGEN) was up 3.45% or 0.80 points to 24.00 in late trade.

The worst performers of the session were JG Summit Holdings Inc (PS:JGS), which fell 1.46% or 1.050 points to trade at 70.800 at the close. Manila Electric Co (PS:MER) declined 1.07% or 3.000 points to end at 278.000 and Petron Corp (PS:PCOR) was down 1.03% or 0.100 points to 9.600.

Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 134 to 54 and 47 ended unchanged.

Gold for December delivery was up 1.24% or 15.75 to $1289.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.42% or 0.19 to hit $45.46 a barrel, while the January Brent oil contract rose 0.88% or 0.41 to trade at $46.77 a barrel.

CNY/PHP was down 0.71% to 7.1768, while USD/PHP rose 0.26% to 48.740.

The US Dollar Index was down 0.19% at 98.47.

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