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Philippines shares higher at close of trade; PSEi Composite up 0.78%

Published 21/04/2016, 06:35 pm
Philippines shares higher at close of trade; PSEi Composite up 0.78%
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Investing.com – Philippines equities were higher at the close on Thursday, as gains in the Property, Holding Firms and Mining & Oil sectors propelled shares higher.

At the close in Philippines, the PSEi Composite rose 0.78%.

The biggest gainers of the session on the PSEi Composite were International Container Terminal Services Inc (PS:ICT), which rose 3.65% or 2.350 points to trade at 66.650 at the close. Philex Mining Corp (PS:PX) added 3.54% or 0.200 points to end at 5.850 and Ayala Land Inc (PS:ALI) was up 2.94% or 1.000 points to 35.000 in late trade.

Biggest losers included Robinsons Land Corp (PS:RLC), which lost 2.03% or 0.600 points to trade at 28.950 in late trade. Universal Robina Corp (PS:URC) declined 1.76% or 3.600 points to end at 200.800 and LT Group Inc (PS:LTG) shed 0.76% or 0.120 points to 15.700.

Advancing stocks outnumbered falling ones by 103 to 81 and 47 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold for June delivery was up 0.49% or 6.20 to $1260.60 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.14% or 0.06 to hit $44.12 a barrel, while the June Brent oil contract fell 0.22% or 0.10 to trade at $45.70 a barrel.

CNY/PHP was up 0.40% to 7.1704, while USD/PHP rose 0.50% to 46.445.

The US Dollar Index was up 0.01% at 94.55.

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