Philippines shares lower at close of trade; PSEi Composite down 1.37%

  • Stock Market News
Philippines shares lower at close of trade; PSEi Composite down 1.37% – Philippines equities were lower at the close on Tuesday, as losses in the Services , Holding Firms and Mining & Oil sectors propelled shares lower.

At the close in Philippines, the PSEi Composite lost 1.37% to hit a new 52-week low.

The biggest gainers of the session on the PSEi Composite were Jollibee Foods Corp (PS: JFC ), which rose 2.45% or 6.80 points to trade at 284.00 at the close. Aboitiz Equity Ventures Inc (PS: AEV ) added 1.97% or 1.200 points to end at 62.200 and Globe Telecom Inc (PS: GLO ) was up 0.06% or 1.00 points to 1661.00 in late trade.

Biggest losers included LT Group Inc (PS: LTG ), which lost 4.42% or 0.880 points to trade at 19.020 in late trade. JG Summit Holdings Inc (PS: JGS ) declined 3.70% or 2.000 points to end at 52.000 and Metro Pacific Investments Corp (PS: MPI ) shed 3.53% or 0.170 points to 4.650.

Declining stocks outnumbered rising ones by 123 to 69 and 47 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold Futures for August delivery was up 0.23% or 3.00 to $1283.10 a troy ounce. Meanwhile, Crude oil for delivery in August fell 1.48% or 0.97 to hit $64.72 a barrel, while the August Brent oil contract fell 0.88% or 0.66 to trade at $74.68 a barrel.

CNY/PHP was down 0.55% to 8.2514, while USD/PHP rose 0.16% to 53.435.

The US Dollar Index Futures was up 0.36% at 94.75.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or


Related Articles