Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Philippines stocks higher at close of trade; PSEi Composite up 0.79%

Published 04/26/2018, 04:35 AM
Philippines stocks higher at close of trade; PSEi Composite up 0.79%

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

At the close in Philippines, the PSEi Composite gained 0.79%.

The best performers of the session on the PSEi Composite were JG Summit Holdings Inc (PS:JGS), which rose 3.81% or 2.250 points to trade at 61.250 at the close. Meanwhile, GT Capital Holdings Inc (PS:GTCAP) added 3.40% or 34.00 points to end at 1034.00 and Ayala Land Inc (PS:ALI) was up 3.02% or 1.200 points to 41.000 in late trade.

The worst performers of the session were DMCI Holdings Inc (PS:DMC), which fell 5.46% or 0.660 points to trade at 11.420 at the close. Manila Electric Co (PS:MER) declined 3.65% or 11.20 points to end at 295.80 and Metropolitan Bank and Trust Co (PS:MBT) was down 2.57% or 2.15 points to 81.60.

Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 113 to 88 and 38 ended unchanged.

Shares in DMCI Holdings Inc (PS:DMC) fell to 52-week lows; down 5.46% or 0.660 to 11.420.

Gold Futures for June delivery was up 0.16% or 2.10 to $1324.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.18% or 0.12 to hit $68.17 a barrel, while the June Brent oil contract rose 0.39% or 0.29 to trade at $74.29 a barrel.

CNY/PHP was down 0.25% to 8.2398, while USD/PHP fell 0.19% to 52.162.

The US Dollar Index Futures was down 0.03% at 91.00.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.