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Philippines stocks higher at close of trade; PSEi Composite up 0.63%
Published Oct 03, 2016 04:35AM ET
Philippines stocks higher at close of trade; PSEi Composite up 0.63%
Investing.com – Philippines stocks were higher after the close on Monday, as gains in the Mining & Oil, Industrials and Property sectors led shares higher.
At the close in Philippines, the PSEi Composite gained 0.63%.
The best performers of the session on the PSEi Composite were DMCI Holdings Inc (PS:DMC), which rose 4.48% or 0.540 points to trade at 12.600 at the close. Meanwhile, Robinsons Land Corp (PS:RLC) added 3.06% or 0.950 points to end at 31.950 and Ayala Corp (PS:AC) was up 2.51% or 21.500 points to 878.500 in late trade.
The worst performers of the session were GT Capital Holdings Inc (PS:GTCAP), which fell 1.39% or 20.000 points to trade at 1420.000 at the close. Aboitiz Equity Ventures Inc (PS:AEV) declined 0.73% or 0.550 points to end at 75.200 and First Gen Corp (PS:FGEN) was down 0.60% or 0.15 points to 24.90.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 92 to 88 and 50 ended unchanged.
Gold for December delivery was up 0.13% or 1.65 to $1318.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.95% or 0.46 to hit $48.70 a barrel, while the December Brent oil contract rose 1.14% or 0.57 to trade at $50.76 a barrel.
CNY/PHP was down 0.55% to 7.2186, while USD/PHP fell 0.51% to 48.156.
The US Dollar Index was up 0.10% at 95.48.
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