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Philippines shares higher at close of trade; PSEi Composite up 1.18%

Published 28/03/2017, 09:35
Philippines shares higher at close of trade; PSEi Composite up 1.18%
PSI
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PSFI
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PSHO
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PSSE
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AGI
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FGEN
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ICT
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MBT
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SM
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LTG
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Investing.com – Philippines equities were higher at the close on Tuesday, as gains in the Holding Firms, Banking & Financials and Services sectors propelled shares higher.

At the close in Philippines, the PSEi Composite added 1.18%.

The biggest gainers of the session on the PSEi Composite were LT Group Inc (PS:LTG), which rose 4.86% or 0.760 points to trade at 16.400 at the close. SM Investments Corp (PS:SM) added 3.26% or 21.50 points to end at 680.50 and Metropolitan Bank and Trust Co (PS:MBT) was up 3.13% or 2.35 points to 77.40 in late trade.

Biggest losers included Alliance Global Group Inc (PS:AGI), which lost 1.24% or 0.160 points to trade at 12.700 in late trade. International Container Terminal Services Inc (PS:ICT) declined 1.15% or 1.000 points to end at 86.000 and First Gen Corp (PS:FGEN) shed 1.13% or 0.25 points to 21.95.

Advancing stocks outnumbered falling ones by 101 to 77 and 50 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold Futures for April delivery was down 0.17% or 2.15 to $1253.55 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.82% or 0.39 to hit $48.12 a barrel, while the June Brent oil contract rose 0.67% or 0.34 to trade at $51.24 a barrel.

CNY/PHP was down 0.10% to 7.2855, while USD/PHP rose 0.06% to 50.159.

The US Dollar Index Futures was up 0.07% at 99.10.

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