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Philippines stocks lower at close of trade; PSEi Composite down 0.26%

Published 02/08/2018, 03:35 AM
Philippines stocks lower at close of trade; PSEi Composite down 0.26%
PSI
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AEV
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MER
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PCOR
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Investing.com – Philippines stocks were lower after the close on Thursday, as losses in the Mining & Oil, Industrials and Banking & Financials sectors led shares lower.

At the close in Philippines, the PSEi Composite lost 0.26%.

The best performers of the session on the PSEi Composite were LT Group Inc (PS:LTG), which rose 2.22% or 0.500 points to trade at 23.000 at the close. Meanwhile, Aboitiz Equity Ventures Inc (PS:AEV) added 1.51% or 1.100 points to end at 73.950 and Petron Corp (PS:PCOR) was up 1.50% or 0.140 points to 9.490 in late trade.

The worst performers of the session were Universal Robina Corp (PS:URC), which fell 2.29% or 3.80 points to trade at 162.00 at the close. Globe Telecom Inc (PS:GLO) declined 2.14% or 40.00 points to end at 1830.00 and Manila Electric Co (PS:MER) was down 1.53% or 5.00 points to 322.00.

Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 107 to 92 and 60 ended unchanged.

Gold Futures for April delivery was down 0.14% or 1.80 to $1312.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.45% or 0.28 to hit $61.51 a barrel, while the April Brent oil contract fell 0.38% or 0.25 to trade at $65.26 a barrel.

CNY/PHP was down 0.46% to 8.1170, while USD/PHP rose 0.87% to 51.570.

The US Dollar Index Futures was up 0.22% at 90.36.

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