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Philippines shares higher at close of trade; PSEi Composite up 0.53%

Published 23/02/2016, 07:35 pm
Philippines shares higher at close of trade; PSEi Composite up 0.53%

Investing.com – Philippines equities were higher at the close on Tuesday, as gains in the Property, Services and Mining & Oil sectors propelled shares higher.

At the close in Philippines, the PSEi Composite added 0.53%.

The biggest gainers of the session on the PSEi Composite were Ayala Land (PS:ALI), which rose 3.45% or 1.100 points to trade at 33.000 at the close. Intl Container (PS:ICT) added 3.33% or 2.000 points to end at 62.000 and Alliance Globa (PS:AGI) was up 1.82% or 0.260 points to 14.580 in late trade.

Biggest losers included First Gen (PS:FGEN), which lost 2.38% or 0.50 points to trade at 20.50 in late trade. Petron (PS:PCOR) declined 2.00% or 0.190 points to end at 9.300 and San Miguel Cor (PS:SMC) shed 1.43% or 1.000 points to 69.000.

Advancing stocks outnumbered falling ones by 101 to 64 and 36 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold for April delivery was up 0.76% or 9.20 to $1219.30 a troy ounce. Meanwhile, Crude oil for delivery in April fell 2.58% or 0.86 to hit $32.53 a barrel, while the April Brent oil contract fell 2.08% or 0.72 to trade at $33.97 a barrel.

CNY/PHP was down 0.04% to 7.2969, while USD/PHP rose 0.02% to 47.620.

The US Dollar Index was down 0.12% at 97.26.

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