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Friday, January 6, 2017

Philippines stocks higher at close of trade; PSEi Composite up 0.54%




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

At the close in Philippines, the PSEi Composite added 0.54% to hit a new 1-month high.

The best performers of the session on the PSEi Composite were Globe Telecom Inc (PS:GLO), which rose 6.25% or 99.000 points to trade at 1684.000 at the close. Meanwhile, Aboitiz Equity Ventures Inc (PS:AEV) added 3.17% or 2.300 points to end at 74.800 and International Container Terminal Services Inc (PS:ICT) was up 2.92% or 2.100 points to 73.900 in late trade.

The worst performers of the session were Petron Corp (PS:PCOR), which fell 5.34% or 0.550 points to trade at 9.750 at the close. DMCI Holdings Inc (PS:DMC) declined 2.67% or 0.360 points to end at 13.100 and GT Capital Holdings Inc (PS:GTCAP) was down 0.96% or 13.000 points to 1337.000.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 101 to 98 and 37 ended unchanged.

Gold for February delivery was down 0.40% or 4.75 to $1176.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.02% or 0.01 to hit $53.77 a barrel, while the March Brent oil contract rose 0.02% or 0.01 to trade at $56.90 a barrel.

CNY/PHP was down 0.37% to 7.1526, while USD/PHP rose 0.14% to 49.525.
The US Dollar Index was up 0.25% at 101.64.

Source : Investing.com

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