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

Stock Markets Oct 05, 2018 04:35AM ET
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Philippines stocks lower at close of trade; PSEi Composite down 0.21%

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

At the close in Philippines, the PSEi Composite lost 0.21% to hit a new 3-months low.

The best performers of the session on the PSEi Composite were Globe Telecom Inc (PS:GLO), which rose 2.25% or 50.00 points to trade at 2270.00 at the close. Meanwhile, San Miguel Corp (PS:SMC) added 2.07% or 3.50 points to end at 172.90 and Ayala Corp (PS:AC) was up 1.69% or 15.50 points to 935.00 in late trade.

The worst performers of the session were JG Summit Holdings Inc (PS:JGS), which fell 3.44% or 1.750 points to trade at 49.050 at the close. LT Group Inc (PS:LTG) declined 2.58% or 0.380 points to end at 14.340 and GT Capital Holdings Inc (PS:GTCAP) was down 2.49% or 19.50 points to 764.00.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 128 to 66 and 40 ended unchanged.

Shares in Globe Telecom Inc (PS:GLO) rose to 52-week highs; gaining 2.25% or 50.00 to 2270.00. Shares in LT Group Inc (PS:LTG) fell to 52-week lows; losing 2.58% or 0.380 to 14.340. Shares in GT Capital Holdings Inc (PS:GTCAP) fell to 3-years lows; falling 2.49% or 19.50 to 764.00.

Gold Futures for December delivery was up 0.08% or 1.00 to $1202.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.34% or 0.25 to hit $74.58 a barrel, while the December Brent oil contract fell 0.04% or 0.03 to trade at $84.55 a barrel.

CNY/PHP was down 0.10% to 7.8979, while USD/PHP fell 0.34% to 54.237.

The US Dollar Index Futures was up 0.13% at 95.55.

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

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