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Philippines shares lower at close of trade; PSEi Composite down 0.02%

Published 13/07/2017, 09:35
Philippines shares lower at close of trade; PSEi Composite down 0.02%
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Investing.com – Philippines equities were lower at the close on Thursday, as losses in the Services, Industrials and Property sectors propelled shares lower.

At the close in Philippines, the PSEi Composite fell 0.02%.

The biggest gainers of the session on the PSEi Composite were LT Group Inc (PS:LTG), which rose 6.94% or 1.080 points to trade at 16.640 at the close. Jollibee Foods Corp (PS:JFC) added 1.23% or 2.60 points to end at 214.60 and DMCI Holdings Inc (PS:DMC) was up 1.07% or 0.160 points to 15.100 in late trade.

Biggest losers included Energy Development Corp (PS:EDC), which lost 2.04% or 0.120 points to trade at 5.750 in late trade. Emperador Inc (PS:EMP) declined 1.98% or 0.160 points to end at 7.940 and PLDT Inc (PS:TEL) shed 1.51% or 26.00 points to 1700.00.

Declining stocks outnumbered rising ones by 105 to 89 and 55 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold Futures for August delivery was up 0.20% or 2.39 to $1221.49 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.73% or 0.33 to hit $45.16 a barrel, while the September Brent oil contract fell 0.75% or 0.36 to trade at $47.38 a barrel.

CNY/PHP was up 0.15% to 7.4519, while USD/PHP fell 0.06% to 50.535.

The US Dollar Index Futures was down 0.08% at 95.47.

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