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Philippines stocks higher at close of trade; PSEi Composite up 0.59%

Stock MarketsMay 08, 2018 04:35AM ET
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Philippines stocks higher at close of trade; PSEi Composite up 0.59%

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

At the close in Philippines, the PSEi Composite rose 0.59%.

The best performers of the session on the PSEi Composite were SM Prime Holdings Inc (PS:SMPH), which rose 4.79% or 1.550 points to trade at 33.900 at the close. Meanwhile, Globe Telecom Inc (PS:GLO) added 4.11% or 65.00 points to end at 1645.00 and GT Capital Holdings Inc (PS:GTCAP) was up 2.90% or 28.50 points to 1011.00 in late trade.

The worst performers of the session were International Container Terminal Services Inc (PS:ICT), which fell 2.47% or 2.100 points to trade at 82.900 at the close. Security Bank Corp (PS:SECB) declined 1.35% or 2.70 points to end at 197.10 and Aboitiz Equity Ventures Inc (PS:AEV) was down 1.28% or 0.800 points to 61.600.

Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 97 to 96 and 48 ended unchanged.

Shares in International Container Terminal Services Inc (PS:ICT) fell to 52-week lows; losing 2.47% or 2.100 to 82.900. Shares in Security Bank Corp (PS:SECB) fell to 52-week lows; losing 1.35% or 2.70 to 197.10. Shares in Aboitiz Equity Ventures Inc (PS:AEV) fell to 52-week lows; losing 1.28% or 0.800 to 61.600.

Gold Futures for June delivery was down 0.17% or 2.20 to $1311.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 1.30% or 0.92 to hit $69.81 a barrel, while the July Brent oil contract fell 0.96% or 0.73 to trade at $75.44 a barrel.

CNY/PHP was down 0.15% to 8.1466, while USD/PHP fell 0.11% to 51.891.

The US Dollar Index Futures was up 0.29% at 92.88.

Philippines stocks higher at close of trade; PSEi Composite up 0.59%
 

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