Philippines shares lower at close of trade; PSEi Composite down 0.60%

  • Stock Market News
Philippines shares lower at close of trade; PSEi Composite down 0.60% – Philippines equities were lower at the close on Friday, as losses in the Property , Industrials and Holding Firms sectors propelled shares lower.

At the close in Philippines, the PSEi Composite fell 0.60%.

The biggest gainers of the session on the PSEi Composite were Bank of the Philippine Islands (PS: BPI ), which rose 4.45% or 3.55 points to trade at 83.30 at the close. PLDT Inc (PS: TEL ) added 3.85% or 50.00 points to end at 1350.00 and BDO Unibank Inc (PS: BDO ) was up 3.54% or 4.10 points to 119.80 in late trade.

Biggest losers included Aboitiz Power Corp (PS: AP ), which lost 4.43% or 1.55 points to trade at 33.45 in late trade. LT Group Inc (PS: LTG ) declined 4.00% or 0.600 points to end at 14.400 and Ayala Land Inc (PS: ALI ) shed 3.03% or 1.250 points to 40.050.

Declining stocks outnumbered rising ones by 99 to 83 and 50 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold Futures for December delivery was down 0.01% or 0.10 to $1187.30 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.22% or 0.16 to hit $72.28 a barrel, while the December Brent oil contract rose 0.09% or 0.07 to trade at $81.45 a barrel.

CNY/PHP was down 0.45% to 7.8531, while USD/PHP fell 0.03% to 54.041.

The US Dollar Index Futures was up 0.11% at 94.71.

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