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Philippines stocks lower at close of trade; PSEi Composite down 1.56%

Stock MarketsJul 05, 2018 04:35AM ET
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Philippines stocks lower at close of trade; PSEi Composite down 1.56%

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

At the close in Philippines, the PSEi Composite declined 1.56%.

The best performers of the session on the PSEi Composite were Emperador Inc (PS:EMP), which rose 0.55% or 0.040 points to trade at 7.290 at the close. Meanwhile, Security Bank Corp (PS:SECB) added 0.39% or 0.80 points to end at 203.80 and Semirara Mining Corp (PS:SCC) was unchanged 0.00% or 0.00 points to 30.80 in late trade.

The worst performers of the session were Metropolitan Bank and Trust Co (PS:MBT), which fell 3.82% or 2.85 points to trade at 71.75 at the close. SM Investments Corp (PS:SM) declined 3.78% or 35.00 points to end at 890.00 and Universal Robina Corp (PS:URC) was down 2.64% or 3.30 points to 121.50.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 112 to 74 and 60 ended unchanged.

Gold Futures for August delivery was up 0.15% or 1.90 to $1255.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.07% or 0.05 to hit $74.09 a barrel, while the September Brent oil contract fell 0.47% or 0.37 to trade at $77.87 a barrel.

CNY/PHP was down 0.10% to 8.0474, while USD/PHP fell 0.21% to 53.410.

The US Dollar Index Futures was down 0.05% at 94.14.

Philippines stocks lower at close of trade; PSEi Composite down 1.56%
 

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