Philippines shares lower at close of trade; PSEi Composite down 0.40%

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Philippines shares lower at close of trade; PSEi Composite down 0.40%

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

At the close in Philippines, the PSEi Composite fell 0.40%.

The biggest gainers of the session on the PSEi Composite were Petron Corp (PS: PCOR ), which rose 2.36% or 0.220 points to trade at 9.540 at the close. Emperador Inc (PS: EMP ) added 2.12% or 0.160 points to end at 7.700 and Aboitiz Power Corp (PS: AP ) was up 2.01% or 0.80 points to 40.60 in late trade.

Biggest losers included BDO Unibank Inc (PS: BDO ), which lost 2.48% or 3.80 points to trade at 149.50 in late trade. SM Prime Holdings Inc (PS: SMPH ) declined 1.92% or 0.700 points to end at 35.700 and San Miguel Corp (PS: SMC ) shed 1.38% or 2.00 points to 143.00.

Declining stocks outnumbered rising ones by 122 to 84 and 52 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold Futures for April delivery was down 0.16% or 2.10 to $1318.70 a troy ounce. Meanwhile, Crude oil for delivery in April fell 0.28% or 0.17 to hit $61.19 a barrel, while the May Brent oil contract fell 0.34% or 0.22 to trade at $64.73 a barrel.

CNY/PHP was up 0.04% to 8.2250, while USD/PHP rose 0.03% to 52.053.

The US Dollar Index Futures was up 0.13% at 90.01.

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