Philippines shares higher at close of trade; PSEi Composite up 0.15%

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Philippines shares higher at close of trade; PSEi Composite up 0.15% – Philippines equities were higher at the close on Friday, as gains in the Holding Firms , Industrials and Banking & Financials sectors propelled shares higher.

At the close in Philippines, the PSEi Composite added 0.15%.

The biggest gainers of the session on the PSEi Composite were LT Group Inc (PS: LTG ), which rose 7.62% or 1.550 points to trade at 21.900 at the close. DMCI Holdings Inc (PS: DMC ) added 3.85% or 0.400 points to end at 10.800 and Metro Pacific Investments Corp (PS: MPI ) was up 2.41% or 0.120 points to 5.100 in late trade.

Biggest losers included Semirara Mining Corp (PS: SCC ), which lost 2.02% or 0.60 points to trade at 29.15 in late trade. GT Capital Holdings Inc (PS: GTCAP ) declined 2.00% or 20.00 points to end at 980.00 and Globe Telecom Inc (PS: GLO ) shed 1.67% or 25.00 points to 1475.00.

Declining stocks outnumbered rising ones by 107 to 88 and 38 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold Futures for June delivery was down 0.22% or 2.90 to $1309.80 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.22% or 0.15 to hit $68.28 a barrel, while the July Brent oil contract fell 0.31% or 0.23 to trade at $73.39 a barrel.

CNY/PHP was down 0.19% to 8.1282, while USD/PHP fell 0.11% to 51.688.

The US Dollar Index Futures was up 0.12% at 92.39.

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