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Philippines stocks lower at close of trade; PSEi Composite down 0.54%

Published 04/17/2017, 04:35 AM
Philippines stocks lower at close of trade; PSEi Composite down 0.54%
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Investing.com – Philippines stocks were lower after the close on Monday, as losses in the Services, Property and Industrials sectors led shares lower.

At the close in Philippines, the PSEi Composite declined 0.54%.

The best performers of the session on the PSEi Composite were Aboitiz Equity Ventures Inc (PS:AEV), which rose 1.06% or 0.800 points to trade at 76.300 at the close. Meanwhile, San Miguel Corp (PS:SMC) added 1.02% or 1.10 points to end at 108.90 and Security Bank Corp (PS:SECB) was up 0.65% or 1.40 points to 218.40 in late trade.

The worst performers of the session were LT Group Inc (PS:LTG), which fell 3.10% or 0.480 points to trade at 15.020 at the close. Megaworld Corp (PS:MEG) declined 2.96% or 0.120 points to end at 3.930 and GT Capital Holdings Inc (PS:GTCAP) was down 2.35% or 30.00 points to 1245.00.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 104 to 77 and 49 ended unchanged.

Shares in San Miguel Corp (PS:SMC) rose to 3-years highs; rising 1.02% or 1.10 to 108.90.

Gold Futures for June delivery was up 0.16% or 2.00 to $1290.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.88% or 0.47 to hit $52.71 a barrel, while the June Brent oil contract fell 0.89% or 0.50 to trade at $55.39 a barrel.

CNY/PHP was up 0.55% to 7.2145, while USD/PHP rose 0.25% to 49.550.

The US Dollar Index Futures was down 0.26% at 100.23.

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