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Philippines stocks lower at close of trade; PSEi Composite down 1.09%

Published 08/21/2018, 04:35 AM
Philippines stocks lower at close of trade; PSEi Composite down 1.09%
PSI
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PSIN
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Investing.com – Philippines stocks were lower after the close on Tuesday, as losses in the Holding Firms, Mining & Oil and Industrials sectors led shares lower.

At the close in Philippines, the PSEi Composite lost 1.09%.

The best performers of the session on the PSEi Composite were LT Group Inc (PS:LTG), which rose 1.14% or 0.200 points to trade at 17.700 at the close. Meanwhile, First Gen Corp (PS:FGEN) added 0.78% or 0.12 points to end at 15.52 and Globe Telecom Inc (PS:GLO) was up 0.76% or 15.00 points to 1985.00 in late trade.

The worst performers of the session were Ayala Corp (PS:AC), which fell 4.40% or 44.00 points to trade at 955.00 at the close. JG Summit Holdings Inc (PS:JGS) declined 4.11% or 2.200 points to end at 51.300 and Manila Electric Co (PS:MER) was down 3.53% or 12.80 points to 350.20.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 0 to 0.

Gold Futures for December delivery was up 0.51% or 6.10 to $1200.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.03% or 0.02 to hit $65.44 a barrel, while the October Brent oil contract rose 0.21% or 0.15 to trade at $72.36 a barrel.

CNY/PHP was up 0.15% to 7.7957, while USD/PHP rose 0.02% to 53.334.

The US Dollar Index Futures was down 0.24% at 95.45.

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