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Philippines stocks higher at close of trade; PSEi Composite up 1.14%

Published 02/19/2018, 03:35 AM
Updated 02/19/2018, 06:40 AM
Philippines stocks higher at close of trade; PSEi Composite up 1.14%

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

At the close in Philippines, the PSEi Composite gained 1.14%.

The best performers of the session on the PSEi Composite were BDO Unibank Inc (PS:BDO), which rose 3.79% or 5.70 points to trade at 156.00 at the close. Meanwhile, Bank of the Philippine Islands (PS:BPI) added 3.67% or 4.40 points to end at 124.40 and Metro Pacific Investments Corp (PS:MPI) was up 3.42% or 0.200 points to 6.050 in late trade.

The worst performers of the session were Security Bank Corp (PS:SECB), which fell 1.16% or 3.00 points to trade at 255.00 at the close. Emperador Inc (PS:EMP) declined 1.04% or 0.080 points to end at 7.620 and Ayala Corp (PS:AC) was down 0.55% or 6.00 points to 1089.00.

Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 141 to 64 and 45 ended unchanged.

Shares in Bank of the Philippine Islands (PS:BPI) rose to all time highs; gaining 3.67% or 4.40 to 124.40.

Gold Futures for April delivery was down 0.42% or 5.70 to $1350.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.83% or 0.51 to hit $62.06 a barrel, while the April Brent oil contract rose 0.59% or 0.38 to trade at $65.22 a barrel.

CNY/PHP was up 0.49% to 8.2777, while USD/PHP rose 0.44% to 52.494.

The US Dollar Index Futures was up 0.01% at 89.04.

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