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Philippines shares higher at close of trade; PSEi Composite up 1.27%

Published 30/04/2018, 09:35
Philippines shares higher at close of trade; PSEi Composite up 1.27%
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Investing.com – Philippines equities were higher at the close on Monday, as gains in the Mining & Oil, Holding Firms and Industrials sectors propelled shares higher.

At the close in Philippines, the PSEi Composite rose 1.27%.

The biggest gainers of the session on the PSEi Composite were Metro Pacific Investments Corp (PS:MPI), which rose 5.81% or 0.280 points to trade at 5.100 at the close. International Container Terminal Services Inc (PS:ICT) added 3.49% or 2.850 points to end at 84.600 and SM Investments Corp (PS:SM) was up 3.30% or 30.00 points to 940.00 in late trade.

Biggest losers included DMCI Holdings Inc (PS:DMC), which lost 4.00% or 0.460 points to trade at 11.040 in late trade. Robinsons Land Corp (PS:RLC) declined 2.72% or 0.500 points to end at 17.900 and Security Bank Corp (PS:SECB) shed 2.34% or 5.00 points to 209.00.

Advancing stocks outnumbered falling ones by 129 to 84 and 45 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold Futures for June delivery was down 0.39% or 5.10 to $1318.30 a troy ounce. Meanwhile, Crude oil for delivery in June fell 1.00% or 0.68 to hit $67.42 a barrel, while the July Brent oil contract fell 0.99% or 0.73 to trade at $73.06 a barrel.

CNY/PHP was up 0.14% to 8.1670, while USD/PHP rose 0.03% to 51.721.

The US Dollar Index Futures was up 0.18% at 91.47.

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