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Philippines stocks lower at close of trade; PSEi Composite down 0.56%

Published 09/05/2016, 04:35 AM
Philippines stocks lower at close of trade; PSEi Composite down 0.56%
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BLOOM
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ICT
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Investing.com – Philippines stocks were lower after the close on Monday, as losses in the Services, Property and Holding Firms sectors led shares lower.

At the close in Philippines, the PSEi Composite lost 0.56% to hit a new 1-month low.

The best performers of the session on the PSEi Composite were Alliance Global Group Inc (PS:AGI), which rose 2.44% or 0.400 points to trade at 16.800 at the close. Meanwhile, Petron Corp (PS:PCOR) added 1.81% or 0.180 points to end at 10.100 and Globe Telecom Inc (PS:GLO) was up 1.19% or 24.000 points to 2034.000 in late trade.

The worst performers of the session were International Container Terminal Services Inc (PS:ICT), which fell 4.79% or 4.000 points to trade at 79.500 at the close. Megaworld Corp (PS:MEG) declined 2.85% or 0.140 points to end at 4.780 and Bloomberry Resorts Corp (PS:BLOOM) was down 2.45% or 0.140 points to 5.580.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 109 to 78 and 52 ended unchanged.

Gold for December delivery was up 0.12% or 1.55 to $1329.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 3.62% or 1.60 to hit $45.75 a barrel, while the November Brent oil contract rose 3.44% or 1.61 to trade at $48.44 a barrel.

CNY/PHP was down 0.04% to 6.9654, while USD/PHP fell 0.12% to 46.505.

The US Dollar Index was down 0.29% at 95.59.

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