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Philippines stocks higher at close of trade; PSEi Composite up 0.34%

Published 03/16/2017, 04:35 AM
Philippines stocks higher at close of trade; PSEi Composite up 0.34%

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

At the close in Philippines, the PSEi Composite added 0.34%.

The best performers of the session on the PSEi Composite were International Container Terminal Services Inc (PS:ICT), which rose 3.87% or 3.150 points to trade at 84.650 at the close. Meanwhile, Aboitiz Equity Ventures Inc (PS:AEV) added 2.45% or 1.780 points to end at 74.450 and Aboitiz Power Corp (PS:AP) was up 2.04% or 0.86 points to 43.00 in late trade.

The worst performers of the session were Semirara Mining Corp (PS:SCC), which fell 2.19% or 3.20 points to trade at 143.20 at the close. DMCI Holdings Inc (PS:DMC) declined 1.79% or 0.220 points to end at 12.040 and San Miguel Corp (PS:SMC) was down 1.05% or 1.10 points to 103.20.

Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 106 to 72 and 47 ended unchanged.

Gold Futures for April delivery was up 2.00% or 24.05 to $1224.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 1.33% or 0.65 to hit $49.51 a barrel, while the May Brent oil contract rose 1.39% or 0.72 to trade at $52.53 a barrel.

CNY/PHP was up 0.29% to 7.2729, while USD/PHP fell 0.34% to 50.180.

The US Dollar Index Futures was up 0.11% at 100.47.

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