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Philippines stocks higher at close of trade; PSEi Composite up 0.17%

Stock MarketsMar 03, 2017 03:35AM ET
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Philippines stocks higher at close of trade; PSEi Composite up 0.17%

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

At the close in Philippines, the PSEi Composite added 0.17%.

The best performers of the session on the PSEi Composite were LT Group Inc (PS:LTG), which rose 2.14% or 0.320 points to trade at 15.280 at the close. Meanwhile, Ayala Corp (PS:AC) added 2.12% or 17.000 points to end at 820.000 and Globe Telecom Inc (PS:GLO) was up 1.94% or 35.000 points to 1835.000 in late trade.

The worst performers of the session were Metro Pacific Investments Corp (PS:MPI), which fell 1.43% or 0.100 points to trade at 6.880 at the close. International Container Terminal Services Inc (PS:ICT) declined 1.32% or 1.000 points to end at 75.000 and Alliance Global Group Inc (PS:AGI) was down 1.26% or 0.160 points to 12.500.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 91 to 81 and 61 ended unchanged.

Gold Futures for April delivery was down 0.35% or 4.35 to $1228.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.55% or 0.29 to hit $52.90 a barrel, while the May Brent oil contract rose 0.67% or 0.37 to trade at $55.45 a barrel.

CNY/PHP was down 0.00% to 7.3012, while USD/PHP rose 0.09% to 50.355.

The US Dollar Index Futures was down 0.05% at 102.11.

Philippines stocks higher at close of trade; PSEi Composite up 0.17%

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