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Philippines stocks lower at close of trade; PSEi Composite down 0.57%

Published 07/03/2015, 04:35 AM
Updated 07/03/2015, 04:35 AM
Philippines stocks lower at close of trade; PSEi Composite down 0.57%

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

At the close in Philippines, the PSEi Composite lost 0.57%.

The best performers of the session on the PSEi Composite were Petron (PS:PCOR), which rose 2.16% or 0.190 points to trade at 9.000 at the close. Meanwhile, Sm Prime Hldgs (PS:SMPH) added 2.06% or 0.410 points to end at 20.350 and Dmci Holdings (PS:DMC) was up 0.89% or 0.120 points to 13.440 in late trade.

The worst performers of the session were Robinsons Land (PS:RLC), which fell 2.84% or 0.850 points to trade at 29.000 at the close. Megaworld Corp (PS:MEG) declined 1.80% or 0.090 points to end at 4.870 and Ayala Land (PS:ALI) was down 1.73% or 0.650 points to 36.800.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 92 to 82 and 20 ended unchanged.

Gold for August delivery was up 0.40% or 4.70 to $1168.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.66% or 0.38 to hit $56.55 a barrel, while the August Brent oil contract fell 0.73% or 0.46 to trade at $61.62 a barrel.

CNY/PHP was down 0.25% to 7.2611, while USD/PHP fell 0.23% to 45.060.

The US Dollar Index was down 0.18% at 96.11.

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