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Philippines stocks higher at close of trade; PSEi Composite up 0.16%

Published 2015-07-24, 04:35 a/m
Philippines stocks higher at close of trade; PSEi Composite up 0.16%
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Investing.com – Philippines stocks were higher after the close on Friday, as gains in the Industrials, Mining & Oil and Property sectors led shares higher.

At the close in Philippines, the PSEi Composite rose 0.16% to hit a new 1-month high.

The best performers of the session on the PSEi Composite were Universal Robi (PS:URC), which rose 1.82% or 3.400 points to trade at 191.500 at the close. Meanwhile, Semirara Minin (PS:SCC) added 1.69% or 2.0000 points to end at 120.0000 and Ayala Corp (PS:AC) was up 1.54% or 12.000 points to 787.000 in late trade.

The worst performers of the session were Philex Mining (PS:PX), which fell 1.77% or 0.100 points to trade at 5.540 at the close. Bloomberry Res (PS:BLOOM) declined 1.68% or 0.170 points to end at 9.940 and Metro Pacifi I (PS:MPI) was down 1.64% or 0.080 points to 4.800.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 104 to 83 and 13 ended unchanged.

Shares in Philex Mining (PS:PX) fell to 3-years lows; down 1.77% or 0.100 to 5.540.

Gold for August delivery was down 1.06% or 11.60 to $1082.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.36% or 0.17 to hit $48.62 a barrel, while the September Brent oil contract fell 0.29% or 0.16 to trade at $55.11 a barrel.

CNY/PHP was up 0.35% to 7.3315, while USD/PHP rose 0.35% to 45.525.

The US Dollar Index was up 0.36% at 97.64.

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