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Philippines stocks lower at close of trade; PSEi Composite down 0.21%

Published 08/23/2017, 04:35 AM
Updated 08/23/2017, 04:40 AM
Philippines stocks lower at close of trade; PSEi Composite down 0.21%
PSI
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Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Holding Firms, Banking & Financials and Industrials sectors led shares lower.

At the close in Philippines, the PSEi Composite fell 0.21%.

The best performers of the session on the PSEi Composite were Alliance Global Group Inc (PS:AGI), which rose 1.49% or 0.200 points to trade at 13.600 at the close. Meanwhile, Megaworld Corp (PS:MEG) added 1.44% or 0.070 points to end at 4.920 and SM Prime Holdings Inc (PS:SMPH) was up 1.32% or 0.450 points to 34.550 in late trade.

The worst performers of the session were LT Group Inc (PS:LTG), which fell 2.49% or 0.440 points to trade at 17.240 at the close. Petron Corp (PS:PCOR) declined 1.86% or 0.180 points to end at 9.520 and San Miguel Corp (PS:SMC) was down 1.29% or 1.30 points to 99.70.

Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 99 to 88 and 59 ended unchanged.

Gold Futures for December delivery was up 0.05% or 0.62 to $1291.62 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.40% or 0.19 to hit $47.64 a barrel, while the October Brent oil contract fell 0.44% or 0.23 to trade at $51.64 a barrel.

CNY/PHP was down 0.28% to 7.6815, while USD/PHP fell 0.08% to 51.219.

The US Dollar Index Futures was down 0.11% at 93.32.

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