Philippines shares lower at close of trade; PSEi Composite down 0.09%

  • Stock Market News
Philippines shares lower at close of trade; PSEi Composite down 0.09% – Philippines equities were lower at the close on Monday, as losses in the Mining & Oil , Services and Holding Firms sectors propelled shares lower.

At the close in Philippines, the PSEi Composite lost 0.09%.

The biggest gainers of the session on the PSEi Composite were DMCI Holdings Inc (PS: DMC ), which rose 2.31% or 0.280 points to trade at 12.380 at the close. Metropolitan Bank and Trust Co (PS: MBT ) added 1.99% or 1.65 points to end at 84.55 and Bank of the Philippine Islands (PS: BPI ) was up 1.89% or 2.00 points to 108.00 in late trade.

Biggest losers included Metro Pacific Investments Corp (PS: MPI ), which lost 3.45% or 0.160 points to trade at 4.480 in late trade. Robinsons Land Corp (PS: RLC ) declined 3.09% or 0.580 points to end at 18.160 and BDO Unibank Inc (PS: BDO ) shed 2.31% or 3.10 points to 130.90.

Declining stocks outnumbered rising ones by 103 to 88 and 57 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold Futures for June delivery was down 0.47% or 6.30 to $1332.00 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.63% or 0.43 to hit $67.97 a barrel, while the June Brent oil contract fell 0.57% or 0.42 to trade at $73.64 a barrel.

CNY/PHP was up 0.20% to 8.3012, while USD/PHP rose 0.38% to 52.335.

The US Dollar Index Futures was up 0.24% at 90.30.

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