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Philippines stocks lower at close of trade; PSEi Composite down 1.27%

Published 11/15/2017, 03:35 AM
Philippines stocks lower at close of trade; PSEi Composite down 1.27%
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Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Mining & Oil, Holding Firms and Property sectors led shares lower.

At the close in Philippines, the PSEi Composite lost 1.27%.

The best performers of the session on the PSEi Composite were International Container Terminal Services Inc (PS:ICT), which rose 0.59% or 0.600 points to trade at 103.000 at the close. Meanwhile, Security Bank Corp (PS:SECB) added 0.40% or 1.00 points to end at 250.20 and GT Capital Holdings Inc (PS:GTCAP) was up 0.26% or 3.00 points to 1175.00 in late trade.

The worst performers of the session were DMCI Holdings Inc (PS:DMC), which fell 4.50% or 0.680 points to trade at 14.420 at the close. JG Summit Holdings Inc (PS:JGS) declined 3.99% or 3.050 points to end at 73.450 and Megaworld Corp (PS:MEG) was down 3.10% or 0.170 points to 5.320.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 109 to 75 and 54 ended unchanged.

Gold Futures for December delivery was up 0.10% or 1.26 to $1284.16 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.92% or 0.51 to hit $55.19 a barrel, while the January Brent oil contract fell 0.77% or 0.48 to trade at $61.73 a barrel.

CNY/PHP was down 0.27% to 7.6968, while USD/PHP fell 0.36% to 51.023.

The US Dollar Index Futures was down 0.25% at 93.49.

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