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Philippines shares higher at close of trade; PSEi Composite up 0.08%

Published 20/10/2015, 09:35
Philippines shares higher at close of trade; PSEi Composite up 0.08%

Investing.com – Philippines equities were higher at the close on Tuesday, as gains in the Holding Firms, Services and Industrials sectors propelled shares higher.

At the close in Philippines, the PSEi Composite rose 0.08%.

The biggest gainers of the session on the PSEi Composite were First Gen (PS:FGEN), which rose 4.17% or 1.05 points to trade at 26.25 at the close. Lt Group (PS:LTG) added 3.28% or 0.380 points to end at 11.980 and San Miguel Cor (PS:SMC) was up 3.13% or 1.500 points to 49.500 in late trade.

Biggest losers included Aboitiz Power (PS:AP), which lost 2.62% or 1.10 points to trade at 40.85 in late trade. Megaworld Corp (PS:MEG) declined 1.82% or 0.080 points to end at 4.320 and Ayala Land (PS:ALI) shed 1.55% or 0.550 points to 34.850.

Declining stocks outnumbered rising ones by 104 to 83 and 18 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold for December delivery was up 0.04% or 0.50 to $1173.30 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.13% or 0.06 to hit $46.34 a barrel, while the December Brent oil contract fell 0.27% or 0.13 to trade at $48.48 a barrel.

CNY/PHP was up 0.67% to 7.2936, while USD/PHP rose 0.49% to 46.305.

The US Dollar Index was down 0.24% at 94.78.

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