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Philippines stocks lower at close of trade; PSEi Composite down 0.59%

Published 05/21/2015, 04:35 AM
Updated 05/21/2015, 04:35 AM
Philippines stocks lower at close of trade; PSEi Composite down 0.59%

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

At the close in Philippines, the PSEi Composite fell 0.59%.

The best performers of the session on the PSEi Composite were Jg Summit (PS:JGS), which rose 0.97% or 0.700 points to trade at 73.200 at the close. Meanwhile, Metropolitan B (PS:MBT) added 0.92% or 0.85 points to end at 93.50 and Bk Of Phi Isla (PS:BPI) was up 0.89% or 0.90 points to 101.70 in late trade.

The worst performers of the session were Alliance Globa (PS:AGI), which fell 7.20% or 1.750 points to trade at 22.550 at the close. Bloomberry Res (PS:BLOOM) declined 4.81% or 0.500 points to end at 9.900 and Megaworld Corp (PS:MEG) was down 2.62% or 0.140 points to 5.200.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 140 to 56 and 14 ended unchanged.

Gold for June delivery was up 0.17% or 2.00 to $1210.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.53% or 0.32 to hit $59.30 a barrel, while the July Brent oil contract rose 0.58% or 0.38 to trade at $65.41 a barrel.

CNY/PHP was down 0.17% to 7.1743, while USD/PHP fell 0.27% to 44.465.

The US Dollar Index was down 0.45% at 95.22.

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