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

Published 23/07/2015, 06:35 pm
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 Mining & Oil, Industrials and Services sectors led shares higher.

At the close in Philippines, the PSEi Composite gained 0.23% to hit a new 1-month high.

The best performers of the session on the PSEi Composite were Semirara Minin (PS:SCC), which rose 6.66% or 7.4000 points to trade at 118.0000 at the close. Meanwhile, Dmci Holdings (PS:DMC) added 5.37% or 0.640 points to end at 12.500 and Universal Robi (PS:URC) was up 2.08% or 3.800 points to 186.700 in late trade.

The worst performers of the session were Sm Investment (PS:SM), which fell 0.82% or 7.500 points to trade at 902.000 at the close. Gt Capital Hol (PS:GTCAP) declined 0.64% or 9.000 points to end at 1406.000 and Petron (PS:PCOR) was down 0.61% or 0.050 points to 8.200.

Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 97 to 78 and 24 ended unchanged.

Gold for August delivery was up 1.15% or 12.50 to $1104.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.41% or 0.20 to hit $49.39 a barrel, while the September Brent oil contract rose 0.13% or 0.07 to trade at $56.20 a barrel.

CNY/PHP was up 0.24% to 7.3034, while USD/PHP rose 0.24% to 45.350.

The US Dollar Index was down 0.50% at 97.14.

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