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Philippines stocks lower at close of trade; PSEi Composite down 0.44%

Published 02/07/2017, 03:35 AM
Philippines stocks lower at close of trade; PSEi Composite down 0.44%

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

At the close in Philippines, the PSEi Composite fell 0.44%.

The best performers of the session on the PSEi Composite were GT Capital Holdings Inc (PS:GTCAP), which rose 3.85% or 47.000 points to trade at 1268.000 at the close. Meanwhile, Megaworld Corp (PS:MEG) added 1.05% or 0.040 points to end at 3.860 and International Container Terminal Services Inc (PS:ICT) was up 0.79% or 0.600 points to 76.800 in late trade.

The worst performers of the session were Ayala Corp (PS:AC), which fell 2.50% or 20.000 points to trade at 780.000 at the close. SM Investments Corp (PS:SM) declined 2.22% or 15.500 points to end at 682.000 and Metropolitan Bank and Trust Co (PS:MBT) was down 1.98% or 1.60 points to 79.40.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 107 to 93 and 42 ended unchanged.

Gold Futures for April delivery was up 0.01% or 0.15 to $1232.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.08% or 0.04 to hit $52.97 a barrel, while the April Brent oil contract fell 0.05% or 0.03 to trade at $55.69 a barrel.

CNY/PHP was up 0.22% to 7.2321, while USD/PHP rose 0.14% to 49.765.

The US Dollar Index Futures was up 0.72% at 100.56.

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