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Philippines shares higher at close of trade; PSEi Composite up 0.66%

Published 13/07/2018, 09:35
Philippines shares higher at close of trade; PSEi Composite up 0.66%
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Investing.com – Philippines equities were higher at the close on Friday, as gains in the Property, Holding Firms and Industrials sectors propelled shares higher.

At the close in Philippines, the PSEi Composite rose 0.66%.

The biggest gainers of the session on the PSEi Composite were JG Summit Holdings Inc (PS:JGS), which rose 3.73% or 1.900 points to trade at 52.900 at the close. First Gen Corp (PS:FGEN) added 3.10% or 0.46 points to end at 15.30 and Universal Robina Corp (PS:URC) was up 2.44% or 3.00 points to 126.00 in late trade.

Biggest losers included Petron Corp (PS:PCOR), which lost 2.27% or 0.200 points to trade at 8.600 in late trade. Metropolitan Bank and Trust Co (PS:MBT) declined 1.14% or 0.80 points to end at 69.50 and Emperador Inc (PS:EMP) shed 0.55% or 0.040 points to 7.290.

Advancing stocks outnumbered falling ones by 103 to 89 and 46 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold Futures for August delivery was down 0.46% or 5.70 to $1240.90 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.55% or 0.39 to hit $69.94 a barrel, while the September Brent oil contract fell 1.28% or 0.95 to trade at $73.50 a barrel.

CNY/PHP was down 0.34% to 7.9976, while USD/PHP rose 0.19% to 53.542.

The US Dollar Index Futures was up 0.40% at 94.95.

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