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Philippines shares higher at close of trade; PSEi Composite up 0.34%

Published 27/10/2017, 07:35 pm
Philippines shares higher at close of trade; PSEi Composite up 0.34%
PSI
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AGI
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Investing.com – Philippines equities were higher at the close on Friday, as gains in the Banking & Financials, Property and Services sectors propelled shares higher.

At the close in Philippines, the PSEi Composite gained 0.34%.

The biggest gainers of the session on the PSEi Composite were Alliance Global Group Inc (PS:AGI), which rose 4.47% or 0.680 points to trade at 15.880 at the close. DMCI Holdings Inc (PS:DMC) added 2.89% or 0.440 points to end at 15.680 and Metropolitan Bank and Trust Co (PS:MBT) was up 2.24% or 1.95 points to 88.95 in late trade.

Biggest losers included JG Summit Holdings Inc (PS:JGS), which lost 2.04% or 1.550 points to trade at 74.600 in late trade. SM Investments Corp (PS:SM) declined 1.27% or 12.00 points to end at 935.00 and Security Bank Corp (PS:SECB) shed 1.18% or 3.00 points to 252.00.

Declining stocks outnumbered rising ones by 95 to 95 and 46 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold Futures for December delivery was down 0.00% or 0.05 to $1269.55 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.06% or 0.03 to hit $52.61 a barrel, while the December Brent oil contract fell 0.05% or 0.03 to trade at $59.27 a barrel.

CNY/PHP was down 0.62% to 7.7760, while USD/PHP fell 0.06% to 51.725.

The US Dollar Index Futures was up 0.18% at 94.72.

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