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Philippines stocks higher at close of trade; PSEi Composite up 0.16%

Published 10/12/2015, 04:35 AM
Philippines stocks higher at close of trade; PSEi Composite up 0.16%
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Investing.com – Philippines stocks were higher after the close on Monday, as gains in the Mining & Oil, Services and Industrials sectors led shares higher.

At the close in Philippines, the PSEi Composite rose 0.16% to hit a new 1-month high.

The best performers of the session on the PSEi Composite were Philex Mining (PS:PX), which rose 7.46% or 0.370 points to trade at 5.330 at the close. Meanwhile, First Gen (PS:FGEN) added 5.34% or 1.25 points to end at 24.65 and Energy Develop (PS:EDC) was up 4.75% or 0.290 points to 6.390 in late trade.

The worst performers of the session were San Miguel Cor (PS:SMC), which fell 4.40% or 2.200 points to trade at 47.750 at the close. Megaworld Corp (PS:MEG) declined 3.16% or 0.150 points to end at 4.600 and Bloomberry Res (PS:BLOOM) was down 2.52% or 0.150 points to 5.800.

Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 122 to 80 and 8 ended unchanged.

Gold for December delivery was up 0.70% or 8.10 to $1164.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.47% or 0.23 to hit $49.87 a barrel, while the December Brent oil contract rose 0.72% or 0.38 to trade at $53.29 a barrel.

CNY/PHP was up 0.71% to 7.2512, while USD/PHP rose 0.19% to 45.775.

The US Dollar Index was down 0.19% at 94.75.

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