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Philippines stocks higher at close of trade; PSEi Composite up 1.27%

Published 04/30/2018, 04:35 AM
Updated 04/30/2018, 04:35 AM
Philippines stocks higher at close of trade; PSEi Composite up 1.27%

Philippines stocks higher at close of trade; PSEi Composite up 1.27%

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

At the close in Philippines, the PSEi Composite rose 1.27%.

The best performers of the session on the PSEi Composite were Metro Pacific Investments Corp (PS:MPI), which rose 5.81% or 0.280 points to trade at 5.100 at the close. Meanwhile, International Container Terminal Services Inc (PS:ICT) added 3.49% or 2.850 points to end at 84.600 and SM Investments Corp (PS:SM) was up 3.30% or 30.00 points to 940.00 in late trade.

The worst performers of the session were DMCI Holdings Inc (PS:DMC), which fell 4.00% or 0.460 points to trade at 11.040 at the close. Robinsons Land Corp (PS:RLC) declined 2.72% or 0.500 points to end at 17.900 and Security Bank Corp (PS:SECB) was down 2.34% or 5.00 points to 209.00.

Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 129 to 84 and 45 ended unchanged.

Shares in DMCI Holdings Inc (PS:DMC) fell to 52-week lows; down 4.00% or 0.460 to 11.040. Shares in Security Bank Corp (PS:SECB) fell to 52-week lows; down 2.34% or 5.00 to 209.00.

Gold Futures for June delivery was down 0.39% or 5.20 to $1318.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.97% or 0.66 to hit $67.44 a barrel, while the July Brent oil contract fell 0.99% or 0.73 to trade at $73.06 a barrel.

CNY/PHP was up 0.14% to 8.1670, while USD/PHP rose 0.03% to 51.721.

The US Dollar Index Futures was up 0.19% at 91.48.

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