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Philippines stocks lower at close of trade; PSEi Composite down 0.84%

Published 03/30/2018, 04:35 AM
Updated 03/30/2018, 04:35 AM
Philippines stocks lower at close of trade; PSEi Composite down 0.84%

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

At the close in Philippines, the PSEi Composite fell 0.84%.

The best performers of the session on the PSEi Composite were Globe Telecom Inc (PS:GLO), which rose 2.08% or 33.00 points to trade at 1622.00 at the close. Meanwhile, Bank of the Philippine Islands (PS:BPI) added 1.74% or 2.00 points to end at 117.00 and Jollibee Foods Corp (PS:JFC) was up 1.56% or 4.60 points to 299.00 in late trade.

The worst performers of the session were San Miguel Corp (PS:SMC), which fell 5.96% or 8.50 points to trade at 134.00 at the close. SM Investments Corp (PS:SM) declined 3.27% or 31.00 points to end at 917.00 and Manila Electric Co (PS:MER) was down 3.05% or 10.00 points to 318.00.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 0 to 0.

Gold Futures for April delivery was up 0.06% or 0.80 to $1325.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.79% or 0.51 to hit $64.89 a barrel, while the June Brent oil contract rose 0.04% or 0.03 to trade at $69.44 a barrel.

CNY/PHP was up 0.12% to 8.3121, while USD/PHP fell 0.11% to 52.159.

The US Dollar Index Futures was down 0.01% at 89.75.

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