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Philippines stocks lower at close of trade; PSEi Composite down 0.25%

Published 08/10/2017, 04:35 AM
Updated 08/10/2017, 04:35 AM
Philippines stocks lower at close of trade; PSEi Composite down 0.25%

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

At the close in Philippines, the PSEi Composite declined 0.25%.

The best performers of the session on the PSEi Composite were PLDT Inc (PS:TEL), which rose 4.71% or 77.00 points to trade at 1712.00 at the close. Meanwhile, DMCI Holdings Inc (PS:DMC) added 1.41% or 0.220 points to end at 15.800 and Aboitiz Equity Ventures Inc (PS:AEV) was up 1.22% or 0.900 points to 74.950 in late trade.

The worst performers of the session were JG Summit Holdings Inc (PS:JGS), which fell 6.21% or 4.600 points to trade at 69.450 at the close. Universal Robina Corp (PS:URC) declined 4.91% or 7.20 points to end at 139.50 and GT Capital Holdings Inc (PS:GTCAP) was down 2.67% or 32.00 points to 1168.00.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 111 to 82 and 53 ended unchanged.

Shares in Universal Robina Corp (PS:URC) fell to 3-years lows; down 4.91% or 7.20 to 139.50.

Gold Futures for December delivery was up 0.39% or 4.95 to $1284.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.34% or 0.17 to hit $49.73 a barrel, while the October Brent oil contract rose 0.55% or 0.29 to trade at $52.99 a barrel.

CNY/PHP was up 0.43% to 7.6197, while USD/PHP rose 0.35% to 50.747.

The US Dollar Index Futures was up 0.21% at 93.61.

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