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Philippines shares lower at close of trade; PSEi Composite down 0.36%

Published 22/06/2017, 09:35
Philippines shares lower at close of trade; PSEi Composite down 0.36%
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Investing.com – Philippines equities were lower at the close on Thursday, as losses in the Property, Industrials and Services sectors propelled shares lower.

At the close in Philippines, the PSEi Composite lost 0.36%.

The biggest gainers of the session on the PSEi Composite were Emperador Inc (PS:EMP), which rose 2.80% or 0.200 points to trade at 7.350 at the close. Alliance Global Group Inc (PS:AGI) added 2.13% or 0.300 points to end at 14.400 and Ayala Corp (PS:AC) was up 1.60% or 13.50 points to 855.00 in late trade.

Biggest losers included San Miguel Corp (PS:SMC), which lost 1.81% or 1.90 points to trade at 103.00 in late trade. Universal Robina Corp (PS:URC) declined 1.79% or 3.00 points to end at 165.00 and LT Group Inc (PS:LTG) shed 1.34% or 0.200 points to 14.700.

Declining stocks outnumbered rising ones by 102 to 98 and 47 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold Futures for August delivery was up 0.61% or 7.54 to $1253.34 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.21% or 0.09 to hit $42.44 a barrel, while the August Brent oil contract fell 0.22% or 0.10 to trade at $44.72 a barrel.

CNY/PHP was down 0.04% to 7.3695, while USD/PHP rose 0.12% to 50.355.

The US Dollar Index Futures was unchanged 0.00% at 97.22.

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