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Philippines stocks lower at close of trade; PSEi Composite down 0.18%

Published 01/16/2017, 03:35 AM
Updated 01/16/2017, 03:35 AM
Philippines stocks lower at close of trade; PSEi Composite down 0.18%

Investing.com – Philippines stocks were lower after the close on Monday, as losses in the Industrials, Banking & Financials and Services sectors led shares lower.

At the close in Philippines, the PSEi Composite declined 0.18%.

The best performers of the session on the PSEi Composite were First Gen Corp (PS:FGEN), which rose 2.70% or 0.60 points to trade at 22.80 at the close. Meanwhile, SM Prime Holdings Inc (PS:SMPH) added 2.52% or 0.750 points to end at 30.550 and JG Summit Holdings Inc (PS:JGS) was up 1.20% or 0.900 points to 75.950 in late trade.

The worst performers of the session were Emperador Inc (PS:EMP), which fell 3.38% or 0.250 points to trade at 7.150 at the close. International Container Terminal Services Inc (PS:ICT) declined 2.86% or 2.150 points to end at 73.000 and Alliance Global Group Inc (PS:AGI) was down 1.67% or 0.220 points to 12.980.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 94 to 92 and 48 ended unchanged.

Gold for February delivery was up 0.58% or 6.95 to $1203.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.15% or 0.08 to hit $52.29 a barrel, while the March Brent oil contract fell 0.11% or 0.06 to trade at $55.39 a barrel.

CNY/PHP was up 0.74% to 7.2466, while USD/PHP rose 0.67% to 49.970.

The US Dollar Index was up 0.40% at 101.57.

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