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Philippines shares lower at close of trade; PSEi Composite down 0.07%

Published 19/06/2015, 09:35
Updated 19/06/2015, 09:35
Philippines shares lower at close of trade; PSEi Composite down 0.07%

Investing.com – Philippines equities were lower at the close on Friday, as losses in the Property, Mining & Oil and Services sectors propelled shares lower.

At the close in Philippines, the PSEi Composite fell 0.07%.

The biggest gainers of the session on the PSEi Composite were San Miguel Cor (PS:SMC), which rose 6.27% or 3.800 points to trade at 64.450 at the close. Metro Pacifi I (PS:MPI) added 2.62% or 0.120 points to end at 4.700 and Gt Capital Hol (PS:GTCAP) was up 1.68% or 23.000 points to 1390.000 in late trade.

Biggest losers included Bloomberry Res (PS:BLOOM), which lost 3.54% or 0.330 points to trade at 9.000 in late trade. Ayala Land (PS:ALI) declined 1.67% or 0.650 points to end at 38.250 and Philex Mining (PS:PX) shed 1.41% or 0.090 points to 6.290.

Declining stocks outnumbered rising ones by 96 to 84 and 8 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold for August delivery was down 0.25% or 3.00 to $1199.00 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.47% or 0.28 to hit $60.53 a barrel, while the August Brent oil contract fell 0.12% or 0.08 to trade at $64.18 a barrel.

CNY/PHP was up 0.28% to 7.2625, while USD/PHP rose 0.30% to 45.095.

The US Dollar Index was up 0.34% at 94.53.

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