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Philippines stocks higher at close of trade; PSEi Composite up 0.55%

Published 26/08/2015, 06:35 pm
Philippines stocks higher at close of trade; PSEi Composite up 0.55%

Investing.com – Philippines stocks were higher after the close on Wednesday, as gains in the Industrials, Property and Services sectors led shares higher.

At the close in Philippines, the PSEi Composite added 0.55%.

The best performers of the session on the PSEi Composite were First Gen (PS:FGEN), which rose 6.25% or 1.35 points to trade at 22.90 at the close. Meanwhile, Robinsons Land (PS:RLC) added 5.17% or 1.400 points to end at 28.300 and Jg Summit (PS:JGS) was up 3.67% or 2.400 points to 67.850 in late trade.

The worst performers of the session were Bloomberry Res (PS:BLOOM), which fell 4.38% or 0.300 points to trade at 6.590 at the close. San Miguel Cor (PS:SMC) declined 3.52% or 1.850 points to end at 51.050 and Sm Investment (PS:SM) was down 3.48% or 31.000 points to 859.000.

Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 126 to 73 and 14 ended unchanged.

Shares in San Miguel Cor (PS:SMC) fell to 3-years lows; losing 3.52% or 1.850 to 51.050.

Gold for December delivery was down 0.09% or 1.00 to $1137.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.32% or 0.12 to hit $39.44 a barrel, while the October Brent oil contract rose 0.08% or 0.04 to trade at $43.24 a barrel.

CNY/PHP was down 0.01% to 7.2872, while USD/PHP fell 0.13% to 46.675.

The US Dollar Index was up 0.30% at 94.19.

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