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Philippines stocks lower at close of trade; PSEi Composite down 0.48%

Published 03/26/2018, 04:35 AM
Philippines stocks lower at close of trade; PSEi Composite down 0.48%
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Investing.com – Philippines stocks were lower after the close on Monday, as losses in the Services, Property and Banking & Financials sectors led shares lower.

At the close in Philippines, the PSEi Composite fell 0.48%.

The best performers of the session on the PSEi Composite were Petron Corp (PS:PCOR), which rose 3.69% or 0.320 points to trade at 9.000 at the close. Meanwhile, Ayala Corp (PS:AC) added 3.49% or 32.00 points to end at 950.00 and Jollibee Foods Corp (PS:JFC) was up 2.43% or 7.00 points to 295.00 in late trade.

The worst performers of the session were DMCI Holdings Inc (PS:DMC), which fell 5.24% or 0.680 points to trade at 12.300 at the close. International Container Terminal Services Inc (PS:ICT) declined 2.91% or 3.000 points to end at 100.000 and Robinsons Land Corp (PS:RLC) was down 2.89% or 0.590 points to 19.860.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 135 to 68 and 39 ended unchanged.

Gold Futures for April delivery was down 0.27% or 3.70 to $1346.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.67% or 0.44 to hit $65.44 a barrel, while the June Brent oil contract fell 0.42% or 0.29 to trade at $69.52 a barrel.

CNY/PHP was down 0.03% to 8.2952, while USD/PHP fell 0.47% to 52.155.

The US Dollar Index Futures was down 0.20% at 88.92.

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