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Philippines stocks higher at close of trade; PSEi Composite up 0.09%

Published 03/21/2017, 04:35 AM
Updated 03/21/2017, 04:35 AM
Philippines stocks higher at close of trade; PSEi Composite up 0.09%

Investing.com – Philippines stocks were higher after the close on Tuesday, as gains in the Services, Holding Firms and Banking & Financials sectors led shares higher.

At the close in Philippines, the PSEi Composite gained 0.09%.

The best performers of the session on the PSEi Composite were International Container Terminal Services Inc (PS:ICT), which rose 3.10% or 2.650 points to trade at 88.100 at the close. Meanwhile, GT Capital Holdings Inc (PS:GTCAP) added 1.62% or 19.00 points to end at 1189.00 and BDO Unibank Inc (PS:BDO) was up 0.81% or 1.00 points to 125.00 in late trade.

The worst performers of the session were Metro Pacific Investments Corp (PS:MPI), which fell 2.21% or 0.140 points to trade at 6.200 at the close. Aboitiz Power Corp (PS:AP) declined 1.63% or 0.70 points to end at 42.30 and LT Group Inc (PS:LTG) was down 1.19% or 0.180 points to 14.900.

Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 99 to 97 and 45 ended unchanged.

Shares in International Container Terminal Services Inc (PS:ICT) rose to 52-week highs; rising 3.10% or 2.650 to 88.100. Shares in BDO Unibank Inc (PS:BDO) rose to all time highs; rising 0.81% or 1.00 to 125.00.

Gold Futures for April delivery was down 0.44% or 5.45 to $1228.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.65% or 0.32 to hit $49.23 a barrel, while the May Brent oil contract rose 0.68% or 0.35 to trade at $51.97 a barrel.

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CNY/PHP was up 0.33% to 7.2740, while USD/PHP rose 0.13% to 50.165.

The US Dollar Index Futures was down 0.30% at 99.86.

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