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Philippines stocks lower at close of trade; PSEi Composite down 0.40%

Published 03/13/2018, 04:35 AM
Updated 03/13/2018, 04:40 AM
Philippines stocks lower at close of trade; PSEi Composite down 0.40%
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Investing.com – Philippines stocks were lower after the close on Tuesday, as losses in the Mining & Oil, Banking & Financials and Property sectors led shares lower.

At the close in Philippines, the PSEi Composite lost 0.40%.

The best performers of the session on the PSEi Composite were Petron Corp (PS:PCOR), which rose 2.36% or 0.220 points to trade at 9.540 at the close. Meanwhile, Emperador Inc (PS:EMP) added 2.12% or 0.160 points to end at 7.700 and Aboitiz Power Corp (PS:AP) was up 2.01% or 0.80 points to 40.60 in late trade.

The worst performers of the session were BDO Unibank Inc (PS:BDO), which fell 2.48% or 3.80 points to trade at 149.50 at the close. SM Prime Holdings Inc (PS:SMPH) declined 1.92% or 0.700 points to end at 35.700 and San Miguel Corp (PS:SMC) was down 1.38% or 2.00 points to 143.00.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 122 to 84 and 52 ended unchanged.

Gold Futures for April delivery was down 0.16% or 2.10 to $1318.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 0.28% or 0.17 to hit $61.19 a barrel, while the May Brent oil contract fell 0.34% or 0.22 to trade at $64.73 a barrel.

CNY/PHP was up 0.04% to 8.2250, while USD/PHP rose 0.03% to 52.053.

The US Dollar Index Futures was up 0.13% at 90.01.

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