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Philippines stocks lower at close of trade; PSEi Composite down 0.78%

Published 10/20/2017, 04:35 AM
Updated 10/20/2017, 04:35 AM
Philippines stocks lower at close of trade; PSEi Composite down 0.78%

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

At the close in Philippines, the PSEi Composite declined 0.78%.

The best performers of the session on the PSEi Composite were International Container Terminal Services Inc (PS:ICT), which rose 1.37% or 1.400 points to trade at 103.400 at the close. Meanwhile, JG Summit Holdings Inc (PS:JGS) added 1.33% or 1.000 points to end at 76.200 and SM Investments Corp (PS:SM) was up 0.98% or 9.50 points to 979.50 in late trade.

The worst performers of the session were First Gen Corp (PS:FGEN), which fell 6.12% or 1.10 points to trade at 16.88 at the close. Ayala Corp (PS:AC) declined 4.12% or 46.00 points to end at 1070.00 and Robinsons Land Corp (PS:RLC) was down 3.60% or 0.950 points to 25.450.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 124 to 71 and 50 ended unchanged.

Gold Futures for December delivery was down 0.57% or 7.29 to $1282.71 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.12% or 0.06 to hit $51.23 a barrel, while the December Brent oil contract unchanged 0.00% or 0.00 to trade at $57.23 a barrel.

CNY/PHP was up 0.21% to 7.7785, while USD/PHP fell 0.04% to 51.490.

The US Dollar Index Futures was up 0.44% at 93.41.

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