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Philippines stocks lower at close of trade; PSEi Composite down 0.39%

Published 04/19/2016, 04:35 AM
Philippines stocks lower at close of trade; PSEi Composite down 0.39%
PSI
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AGI
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ICT
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PCOR
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GTCAP
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Investing.com – Philippines stocks were lower after the close on Tuesday, as losses in the Property, Banking & Financials and Holding Firms sectors led shares lower.

At the close in Philippines, the PSEi Composite lost 0.39%.

The best performers of the session on the PSEi Composite were Petron Corp (PS:PCOR), which rose 7.07% or 0.720 points to trade at 10.900 at the close. Meanwhile, Globe Telecom Inc (PS:GLO) added 1.38% or 30.000 points to end at 2198.000 and Alliance Global Group Inc (PS:AGI) was up 0.99% or 0.160 points to 16.360 in late trade.

The worst performers of the session were GT Capital Holdings Inc (PS:GTCAP), which fell 2.50% or 35.000 points to trade at 1363.000 at the close. International Container Terminal Services Inc (PS:ICT) declined 1.63% or 1.100 points to end at 66.500 and Ayala Land Inc (PS:ALI) was down 1.43% or 0.500 points to 34.450.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 96 to 86 and 50 ended unchanged.

Gold for June delivery was up 0.74% or 9.20 to $1244.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.87% or 0.36 to hit $41.55 a barrel, while the June Brent oil contract rose 1.17% or 0.50 to trade at $43.41 a barrel.

CNY/PHP was down 0.04% to 7.1291, while USD/PHP fell 0.08% to 46.145.

The US Dollar Index was down 0.08% at 94.37.

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