Philippines shares lower at close of trade; PSEi Composite down 0.66%

  • Investing.com
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Philippines shares lower at close of trade; PSEi Composite down 0.66%

Investing.com – Philippines equities were lower at the close on Monday, as losses in the Industrials , Holding Firms and Banking & Financials sectors propelled shares lower.

At the close in Philippines, the PSEi Composite lost 0.66%.

The biggest gainers of the session on the PSEi Composite were Metro Pacific Investments Corp (PS: MPI ), which rose 5.01% or 0.240 points to trade at 5.030 at the close. Petron Corp (PS: PCOR ) added 2.29% or 0.200 points to end at 8.950 and International Container Terminal Services Inc (PS: ICT ) was up 1.98% or 1.650 points to 85.000 in late trade.

Biggest losers included Universal Robina Corp (PS: URC ), which lost 6.21% or 8.00 points to trade at 120.80 in late trade. Aboitiz Equity Ventures Inc (PS: AEV ) declined 3.10% or 1.950 points to end at 61.050 and SM Investments Corp (PS: SM ) shed 3.03% or 27.50 points to 879.00.

Declining stocks outnumbered rising ones by 113 to 70 and 58 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold Futures for August delivery was down 0.12% or 1.50 to $1297.80 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.24% or 0.16 to hit $65.97 a barrel, while the August Brent oil contract rose 0.03% or 0.02 to trade at $76.81 a barrel.

CNY/PHP was up 0.26% to 8.1996, while USD/PHP rose 0.12% to 52.570.

The US Dollar Index Futures was down 0.30% at 93.88.

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