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Philippines shares higher at close of trade; PSEi Composite up 0.13%

Published 20/11/2017, 08:35
Philippines shares higher at close of trade; PSEi Composite up 0.13%
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Investing.com – Philippines equities were higher at the close on Monday, as gains in the Banking & Financials, Holding Firms and Mining & Oil sectors propelled shares higher.

At the close in Philippines, the PSEi Composite rose 0.13%.

The biggest gainers of the session on the PSEi Composite were BDO Unibank Inc (PS:BDO), which rose 1.71% or 2.50 points to trade at 148.70 at the close. SM Investments Corp (PS:SM) added 1.50% or 14.50 points to end at 980.00 and Megaworld Corp (PS:MEG) was up 1.29% or 0.070 points to 5.490 in late trade.

Biggest losers included International Container Terminal Services Inc (PS:ICT), which lost 1.90% or 2.000 points to trade at 103.000 in late trade. JG Summit Holdings Inc (PS:JGS) declined 1.89% or 1.400 points to end at 72.600 and San Miguel Corp (PS:SMC) shed 1.77% or 2.00 points to 111.00.

Declining stocks outnumbered rising ones by 119 to 82 and 43 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold Futures for December delivery was down 0.33% or 4.25 to $1292.25 a troy ounce. Meanwhile, Crude oil for delivery in January fell 0.16% or 0.09 to hit $56.62 a barrel, while the January Brent oil contract fell 0.37% or 0.23 to trade at $62.49 a barrel.

CNY/PHP was down 0.41% to 7.6577, while USD/PHP fell 0.42% to 50.767.

The US Dollar Index Futures was up 0.05% at 93.66.

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