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Philippines shares higher at close of trade; PSEi Composite up 0.64%

Published 29/09/2015, 09:35
Philippines shares higher at close of trade; PSEi Composite up 0.64%
PSI
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Investing.com – Philippines equities were higher at the close on Tuesday, as gains in the Industrials, Property and Banking & Financials sectors propelled shares higher.

At the close in Philippines, the PSEi Composite added 0.64%.

The biggest gainers of the session on the PSEi Composite were First Gen (PS:FGEN), which rose 4.08% or 0.90 points to trade at 22.95 at the close. Dmci Holdings (PS:DMC) added 3.90% or 0.460 points to end at 12.260 and Manila Electri (PS:MER) was up 2.76% or 8.000 points to 298.000 in late trade.

Biggest losers included Lt Group (PS:LTG), which lost 4.05% or 0.440 points to trade at 10.420 in late trade. Alliance Globa (PS:AGI) declined 2.95% or 0.500 points to end at 16.460 and Philex Mining (PS:PX) shed 2.83% or 0.140 points to 4.810.

Declining stocks outnumbered rising ones by 111 to 76 and 9 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold for December delivery was down 0.45% or 5.10 to $1126.60 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.97% or 0.43 to hit $44.86 a barrel, while the November Brent oil contract rose 0.99% or 0.47 to trade at $47.81 a barrel.

CNY/PHP was up 0.26% to 7.3749, while USD/PHP rose 0.08% to 46.885.

The US Dollar Index was down 0.04% at 96.10.

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