Philippines shares lower at close of trade; PSEi Composite down 0.21%

  • Stock Market News
Philippines shares lower at close of trade; PSEi Composite down 0.21% – Philippines equities were lower at the close on Friday, as losses in the Holding Firms , Industrials and Mining & Oil sectors propelled shares lower.

At the close in Philippines, the PSEi Composite fell 0.21% to hit a new 3-month low.

The biggest gainers of the session on the PSEi Composite were Globe Telecom Inc (PS: GLO ), which rose 2.25% or 50.00 points to trade at 2270.00 at the close. San Miguel Corp (PS: SMC ) added 2.07% or 3.50 points to end at 172.90 and Ayala Corp (PS: AC ) was up 1.69% or 15.50 points to 935.00 in late trade.

Biggest losers included JG Summit Holdings Inc (PS: JGS ), which lost 3.44% or 1.750 points to trade at 49.050 in late trade. LT Group Inc (PS: LTG ) declined 2.58% or 0.380 points to end at 14.340 and GT Capital Holdings Inc (PS: GTCAP ) shed 2.49% or 19.50 points to 764.00.

Declining stocks outnumbered rising ones by 128 to 66 and 40 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold Futures for December delivery was up 0.09% or 1.10 to $1202.70 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.35% or 0.26 to hit $74.59 a barrel, while the December Brent oil contract fell 0.02% or 0.02 to trade at $84.56 a barrel.

CNY/PHP was down 0.12% to 7.8965, while USD/PHP fell 0.31% to 54.250.

The US Dollar Index Futures was up 0.13% at 95.55.

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