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Philippines stocks lower at close of trade; PSEi Composite down 2.17%

Published 06/13/2018, 04:35 AM
Philippines stocks lower at close of trade; PSEi Composite down 2.17%
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Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Holding Firms, Mining & Oil and Property sectors led shares lower.

At the close in Philippines, the PSEi Composite fell 2.17%.

The best performers of the session on the PSEi Composite were First Gen Corp (PS:FGEN), which rose 4.00% or 0.60 points to trade at 15.60 at the close. Meanwhile, Emperador Inc (PS:EMP) unchanged 0.00% or 0.000 points to end at 7.180 and San Miguel Corp (PS:SMC) was unchanged 0.00% or 0.00 points to 140.00 in late trade.

The worst performers of the session were DMCI Holdings Inc (PS:DMC), which fell 4.97% or 0.560 points to trade at 10.700 at the close. Ayala Corp (PS:AC) declined 4.19% or 41.00 points to end at 937.00 and LT Group Inc (PS:LTG) was down 4.06% or 0.850 points to 20.100.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 126 to 64 and 47 ended unchanged.

Gold Futures for August delivery was down 0.19% or 2.50 to $1296.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.09% or 0.06 to hit $66.30 a barrel, while the August Brent oil contract fell 0.28% or 0.21 to trade at $75.67 a barrel.

CNY/PHP was up 0.25% to 8.3150, while USD/PHP rose 0.37% to 53.255.

The US Dollar Index Futures was up 0.11% at 93.93.

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