Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Philippines stocks lower at close of trade; PSEi Composite down 1.47%

Published 05/02/2016, 04:35 AM
Philippines stocks lower at close of trade; PSEi Composite down 1.47%
PSI
-
PSIN
-
PSHO
-
PSSE
-
DMC
-
FGEN
-
ICT
-
MEG
-
PX
-
SMC
-

Investing.com – Philippines stocks were lower after the close on Monday, as losses in the Industrials, Holding Firms and Services sectors led shares lower.

At the close in Philippines, the PSEi Composite lost 1.47% to hit a new 1-month low.

The best performers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 6.60% or 0.390 points to trade at 6.300 at the close. Meanwhile, International Container Terminal Services Inc (PS:ICT) added 1.26% or 0.810 points to end at 64.900 and San Miguel Corp (PS:SMC) was up 0.75% or 0.500 points to 67.500 in late trade.

The worst performers of the session were DMCI Holdings Inc (PS:DMC), which fell 4.01% or 0.500 points to trade at 11.980 at the close. First Gen Corp (PS:FGEN) declined 3.60% or 0.73 points to end at 19.52 and Megaworld Corp (PS:MEG) was down 3.45% or 0.130 points to 3.640.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 152 to 47 and 34 ended unchanged.

Gold for June delivery was up 0.45% or 5.85 to $1296.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.87% or 0.40 to hit $45.52 a barrel, while the July Brent oil contract fell 1.29% or 0.61 to trade at $46.76 a barrel.

CNY/PHP was down 0.19% to 7.2543, while USD/PHP fell 0.19% to 46.965.

The US Dollar Index was down 0.13% at 92.90.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.