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Philippines stocks higher at close of trade; PSEi Composite up 0.94%

Published 06/18/2015, 04:35 AM
Philippines stocks higher at close of trade; PSEi Composite up 0.94%
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Investing.com – Philippines stocks were higher after the close on Thursday, as gains in the Holding Firms, Property and Industrials sectors led shares higher.

At the close in Philippines, the PSEi Composite rose 0.94%.

The best performers of the session on the PSEi Composite were Megaworld Corp (PS:MEG), which rose 3.53% or 0.170 points to trade at 4.990 at the close. Meanwhile, Universal Robi (PS:URC) added 2.86% or 5.500 points to end at 197.500 and Alliance Globa (PS:AGI) was up 2.67% or 0.600 points to 23.050 in late trade.

The worst performers of the session were Philex Mining (PS:PX), which fell 2.45% or 0.160 points to trade at 6.380 at the close. Bloomberry Res (PS:BLOOM) declined 1.79% or 0.170 points to end at 9.330 and Globe Telecom (PS:GLO) was down 0.61% or 16.000 points to 2600.000.

Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 95 to 76 and 17 ended unchanged.

Gold for August delivery was up 1.65% or 19.40 to $1196.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.84% or 0.51 to hit $60.84 a barrel, while the August Brent oil contract rose 1.16% or 0.74 to trade at $64.61 a barrel.

CNY/PHP was down 0.83% to 7.2242, while USD/PHP fell 0.82% to 44.865.

The US Dollar Index was down 0.64% at 93.88.

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