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Philippines stocks lower at close of trade; PSEi Composite down 0.21%

Published 04/14/2015, 04:35 AM
Updated 04/14/2015, 04:35 AM
Philippines stocks lower at close of trade; PSEi Composite down 0.21%

Investing.com – Philippines stocks were lower after the close on Tuesday, as losses in the Mining & Oil, Industrials and Property sectors led shares lower.

At the close in Philippines, the PSEi Composite declined 0.21%.

The best performers of the session on the PSEi Composite were Globe Telecom (PS:GLO), which rose 2.25% or 50.000 points to trade at 2270.000 at the close. Meanwhile, Jg Summit (PS:JGS) added 2.25% or 1.650 points to end at 74.850 and Bloomberry Res (PS:BLOOM) was up 2.03% or 0.240 points to 12.040 in late trade.

The worst performers of the session were Philex Mining (PS:PX), which fell 3.60% or 0.250 points to trade at 6.690 at the close. Megaworld Corp (PS:MEG) declined 3.51% or 0.200 points to end at 5.500 and Intl Container (PS:ICT) was down 2.53% or 2.800 points to 108.000.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 115 to 70 and 15 ended unchanged.

Shares in Globe Telecom (PS:GLO) rose to all time highs; gaining 2.25% or 50.000 to 2270.000. Shares in Philex Mining (PS:PX) fell to 3-years lows; down 3.60% or 0.250 to 6.690. Shares in Jg Summit (PS:JGS) rose to all time highs; up 2.25% or 1.650 to 74.850.

Gold for June delivery was down 0.53% or 6.40 to $1192.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 1.11% or 0.57 to hit $52.48 a barrel, while the June Brent oil contract rose 0.85% or 0.50 to trade at $59.54 a barrel.

CNY/PHP was down 0.15% to 7.1779, while USD/PHP fell 0.19% to 44.590.

The US Dollar Index was up 0.14% at 99.88.

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