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Philippines stocks lower at close of trade; PSEi Composite down 0.03%

Published 09/10/2018, 04:35 AM
Philippines stocks lower at close of trade; PSEi Composite down 0.03%
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Investing.com – Philippines stocks were lower after the close on Monday, as losses in the Banking & Financials, Services and Property sectors led shares lower.

At the close in Philippines, the PSEi Composite lost 0.03%.

The best performers of the session on the PSEi Composite were Universal Robina Corp (PS:URC), which rose 5.59% or 8.10 points to trade at 153.00 at the close. Meanwhile, Robinsons Land Corp (PS:RLC) added 2.89% or 0.600 points to end at 21.350 and GT Capital Holdings Inc (PS:GTCAP) was up 2.13% or 18.50 points to 889.00 in late trade.

The worst performers of the session were LT Group Inc (PS:LTG), which fell 2.59% or 0.440 points to trade at 16.540 at the close. Aboitiz Power Corp (PS:AP) declined 2.03% or 0.75 points to end at 36.25 and Bank of the Philippine Islands (PS:BPI) was down 1.74% or 1.55 points to 87.65.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 123 to 62 and 54 ended unchanged.

Shares in LT Group Inc (PS:LTG) fell to 52-week lows; falling 2.59% or 0.440 to 16.540.

Gold Futures for December delivery was down 0.09% or 1.10 to $1199.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.02% or 0.69 to hit $68.44 a barrel, while the November Brent oil contract rose 1.24% or 0.95 to trade at $77.78 a barrel.

CNY/PHP was down 0.24% to 7.8549, while USD/PHP rose 0.04% to 53.915.

The US Dollar Index Futures was down 0.07% at 95.31.

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