Philippines shares lower at close of trade; PSEi Composite down 0.07%

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Philippines shares lower at close of trade; PSEi Composite down 0.07%

Investing.com – Philippines equities were lower at the close on Friday, as losses in the Banking & Financials , Property and Services sectors propelled shares lower.

At the close in Philippines, the PSEi Composite lost 0.07%.

The biggest gainers of the session on the PSEi Composite were JG Summit Holdings Inc (PS: JGS ), which rose 2.20% or 1.300 points to trade at 60.300 at the close. Universal Robina Corp (PS: URC ) added 2.03% or 2.70 points to end at 135.70 and Robinsons Land Corp (PS: RLC ) was up 2.01% or 0.400 points to 20.300 in late trade.

Biggest losers included Security Bank Corp (PS: SECB ), which lost 4.00% or 8.00 points to trade at 192.00 in late trade. Megaworld Corp (PS: MEG ) declined 2.28% or 0.110 points to end at 4.710 and Bank of the Philippine Islands (PS: BPI ) shed 2.02% or 2.00 points to 97.00.

Advancing stocks outnumbered falling ones by 95 to 92 and 55 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold Futures for June delivery was unchanged 0.00% or 0.00 to $1304.40 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.83% or 0.59 to hit $70.12 a barrel, while the July Brent oil contract fell 1.29% or 1.02 to trade at $77.77 a barrel.

CNY/PHP was up 0.46% to 8.2369, while USD/PHP rose 0.17% to 52.633.

The US Dollar Index Futures was up 0.04% at 93.76.

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