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Philippines stocks higher at close of trade; PSEi Composite up 0.23%

2018-07-12 17:08    Investing

Philippines stocks higher at close of trade; PSEi Composite up 0.23% Stock News

Philippines Stocks higher at close of trade; PSEi Composite up 0.23%

Investing.com – Philippines stocks were higher after the close on Thursday, as gains in the Banking & Financials, Industrials and Holding Firms sectors led shares higher.

At the close in Philippines, the PSEi Composite added 0.23%.

The best performers of the session on the PSEi Composite were Megaworld Corp (PS:MEG), which rose 4.03% or 0.180 points to trade at 4.650 at the close. Meanwhile, GT Capital Holdings Inc (PS:GTCAP) added 3.82% or 35.00 points to end at 952.00 and Ayala Corp (PS:AC) was up 2.99% or 28.00 points to 966.00 in late trade.

The worst performers of the session were Metro Pacific Investments Corp (PS:MPI), which fell 3.43% or 0.160 points to trade at 4.500 at the close. Robinsons Land Corp (PS:RLC) declined 2.74% or 0.540 points to end at 19.200 and SM Prime Holdings Inc (PS:SMPH) was down 2.02% or 0.750 points to 36.400.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 103 to 85 and 46 ended unchanged.

Gold Futures for August delivery was up 0.07% or 0.90 to $1245.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.84% or 0.59 to hit $70.97 a barrel, while the September Brent oil contract rose 2.03% or 1.49 to trade at $74.89 a barrel.

CNY/PHP was down 0.06% to 8.0255, while USD/PHP fell 0.20% to 53.522.

The US Dollar Index Futures was down 0.01% at 94.47.

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