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Philippines stocks lower at close of trade; PSEi Composite down 0.10%

Published 03/29/2017, 04:35 AM
Updated 03/29/2017, 04:35 AM
Philippines stocks lower at close of trade; PSEi Composite down 0.10%

Philippines stocks lower at close of trade; PSEi Composite down 0.10%

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

At the close in Philippines, the PSEi Composite fell 0.10%.

The best performers of the session on the PSEi Composite were Jollibee Foods Corp (PS:JFC), which rose 3.01% or 5.50 points to trade at 188.00 at the close. Meanwhile, SM Investments Corp (PS:SM) added 1.98% or 13.50 points to end at 694.00 and Emperador Inc (PS:EMP) was up 1.62% or 0.096 points to 6.030 in late trade.

The worst performers of the session were Petron Corp (PS:PCOR), which fell 2.22% or 0.200 points to trade at 8.800 at the close. Alliance Global Group Inc (PS:AGI) declined 2.05% or 0.260 points to end at 12.440 and LT Group Inc (PS:LTG) was down 1.83% or 0.300 points to 16.100.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 105 to 82 and 45 ended unchanged.

Shares in Emperador Inc (PS:EMP) rose to 3-years lows; up 1.62% or 0.096 to 6.030.

Gold Futures for April delivery was down 0.44% or 5.55 to $1250.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.87% or 0.42 to hit $48.79 a barrel, while the June Brent oil contract rose 0.88% or 0.45 to trade at $51.87 a barrel.

CNY/PHP was down 0.14% to 7.2884, while USD/PHP fell 0.07% to 50.181.

The US Dollar Index Futures was up 0.15% at 99.68.

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