Philippines stocks higher at close of trade PSEi Composite up 0.14%


(MENAFN- FxPro) Philippines stocks were higher after the close on Wednesday, as gains in the Services, Mining&Oil and Holding Firms sectors led shares higher.

At the close in Philippines, the PSEi Composite added 0.14%.

The best performers of the session on the PSEi Composite were Bloomberry Res (PS:BLOOM), which rose 4.65% or 0.400 points to trade at 9.100 at the close. Meanwhile, Megaworld Corp (PS:MEG) added 2.52% or 0.120 points to end at 4.880 and Dmci Holdings (PS:DMC) was up 2.27% or 0.300 points to 13.500 in late trade.

The worst performers of the session were First Gen (PS:FGEN), which fell 2.96% or 0.80 points to trade at 26.50 at the close. Metro Pacifi I (PS:MPI) declined 1.48% or 0.070 points to end at 4.670 and Energy Develop (PS:EDC) was down 1.20% or 0.090 points to 7.420.

Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 92 to 86 and 16 ended unchanged.

Gold for August delivery was up 0.14% or 1.60 to $1173.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 1.56% or 0.93 to hit $58.55 a barrel, while the August Brent oil contract fell 1.25% or 0.80 to trade at $62.80 a barrel.
CNY/PHP was up 0.06% to 7.2759, while USD/PHP rose 0.08% to 45.125.
The US Dollar Index was up 0.24% at 95.98.


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