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Philippines stocks higher at close of trade; PSEi Composite up 0.66%

Published 10/19/2017, 04:35 AM
Updated 10/19/2017, 04:35 AM
Philippines stocks higher at close of trade; PSEi Composite up 0.66%

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

At the close in Philippines, the PSEi Composite rose 0.66%.

The best performers of the session on the PSEi Composite were LT Group Inc (PS:LTG), which rose 4.85% or 0.840 points to trade at 18.160 at the close. Meanwhile, Ayala Corp (PS:AC) added 4.30% or 46.00 points to end at 1116.00 and Metropolitan Bank and Trust Co (PS:MBT) was up 2.56% or 2.30 points to 92.00 in late trade.

The worst performers of the session were Universal Robina Corp (PS:URC), which fell 2.91% or 4.20 points to trade at 140.10 at the close. Alliance Global Group Inc (PS:AGI) declined 2.40% or 0.380 points to end at 15.480 and GT Capital Holdings Inc (PS:GTCAP) was down 1.70% or 21.00 points to 1215.00.

Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 102 to 96 and 49 ended unchanged.

Shares in Ayala Corp (PS:AC) rose to all time highs; up 4.30% or 46.00 to 1116.00.

Gold Futures for December delivery was up 0.27% or 3.40 to $1286.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 1.50% or 0.78 to hit $51.26 a barrel, while the December Brent oil contract fell 1.20% or 0.70 to trade at $57.45 a barrel.

CNY/PHP was up 0.22% to 7.7800, while USD/PHP rose 0.28% to 51.555.

The US Dollar Index Futures was up 0.03% at 93.33.

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