Philippines stocks higher at close of trade; PSEi Composite up 0.16% By Investing.com

Philippines stocks higher at close of trade; PSEi Composite up 0.16%

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

At the close in Philippines, the added 0.16%.

The best performers of the session on the were GT Capital Holdings Inc (PS:), which rose 2.26% or 21.00 points to trade at 950.00 at the close. Meanwhile, Aboitiz Power Corp (PS:) added 2.06% or 0.75 points to end at 37.15 and JG Summit Holdings Inc (PS:) was up 1.89% or 1.000 points to 54.000 in late trade.

The worst performers of the session were Aboitiz Equity Ventures Inc (PS:), which fell 3.79% or 2.000 points to trade at 50.800 at the close. Metro Pacific Investments Corp (PS:) declined 3.15% or 0.140 points to end at 4.300 and Security Bank Corp (PS:) was down 2.36% or 5.00 points to 206.60.

Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 96 to 90 and 51 ended unchanged.

Shares in Aboitiz Equity Ventures Inc (PS:) fell to 3-years lows; losing 3.79% or 2.000 to 50.800. Shares in Metro Pacific Investments Corp (PS:) fell to 3-years lows; falling 3.15% or 0.140 to 4.300.

Gold Futures for August delivery was down 0.02% or 0.30 to $1223.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.29% or 0.20 to hit $68.44 a barrel, while the September Brent oil contract rose 0.90% or 0.65 to trade at $73.23 a barrel.

CNY/PHP was down 0.36% to 7.8834, while USD/PHP fell 0.17% to 53.489.

The US Dollar Index Futures was down 0.09% at 94.89.

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