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Philippines stocks lower at close of trade; PSEi Composite down 0.18%

Published 10/11/2016, 04:35 AM
Philippines stocks lower at close of trade; PSEi Composite down 0.18%
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Investing.com – Philippines stocks were lower after the close on Tuesday, as losses in the Holding Firms, Industrials and Property sectors led shares lower.

At the close in Philippines, the PSEi Composite fell 0.18% to hit a new 3-months low.

The best performers of the session on the PSEi Composite were Bloomberry Resorts Corp (PS:BLOOM), which rose 6.79% or 0.330 points to trade at 5.190 at the close. Meanwhile, Semirara Mining Corp (PS:SCC) added 3.25% or 3.9000 points to end at 124.0000 and Petron Corp (PS:PCOR) was up 2.86% or 0.300 points to 10.800 in late trade.

The worst performers of the session were JG Summit Holdings Inc (PS:JGS), which fell 3.24% or 2.400 points to trade at 71.700 at the close. Manila Electric Co (PS:MER) declined 1.88% or 5.800 points to end at 302.000 and Metro Pacific Investments Corp (PS:MPI) was down 1.67% or 0.120 points to 7.070.

Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 96 to 77 and 51 ended unchanged.

Gold for December delivery was down 0.03% or 0.35 to $1260.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.74% or 0.38 to hit $50.97 a barrel, while the December Brent oil contract fell 0.83% or 0.44 to trade at $52.70 a barrel.

CNY/PHP was up 0.62% to 7.2531, while USD/PHP rose 0.76% to 48.707.

The US Dollar Index was up 0.31% at 97.21.

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