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Philippines stocks higher at close of trade; PSEi Composite up 0.45%

Published 09/10/2015, 07:35 pm
Philippines stocks higher at close of trade; PSEi Composite up 0.45%

Investing.com – Philippines stocks were higher after the close on Friday, as gains in the Property, Mining & Oil and Industrials sectors led shares higher.

At the close in Philippines, the PSEi Composite added 0.45% to hit a new 1-month high.

The best performers of the session on the PSEi Composite were Alliance Globa (PS:AGI), which rose 7.70% or 1.320 points to trade at 18.460 at the close. Meanwhile, Ayala Land (PS:ALI) added 3.44% or 1.250 points to end at 37.600 and Philex Mining (PS:PX) was up 2.06% or 0.100 points to 4.960 in late trade.

The worst performers of the session were Globe Telecom (PS:GLO), which fell 1.75% or 40.000 points to trade at 2242.000 at the close. Phi Long Dis T (PS:TEL) declined 1.74% or 40.00 points to end at 2260.00 and Lt Group (PS:LTG) was down 1.70% or 0.200 points to 11.580.

Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 112 to 80 and 12 ended unchanged.

Gold for December delivery was up 0.69% or 7.90 to $1152.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.23% or 0.61 to hit $50.04 a barrel, while the November Brent oil contract rose 0.87% or 0.46 to trade at $53.51 a barrel.

CNY/PHP was down 0.33% to 7.2331, while USD/PHP fell 0.46% to 45.899.

The US Dollar Index was down 0.30% at 95.11.

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