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Philippines shares lower at close of trade; PSEi Composite down 0.97%

Published 17/08/2015, 09:35
Updated 17/08/2015, 09:35
Philippines shares lower at close of trade; PSEi Composite down 0.97%

Philippines shares lower at close of trade; PSEi Composite down 0.97%

Investing.com – Philippines equities were lower at the close on Monday, as losses in the Mining & Oil, Banking & Financials and Holding Firms sectors propelled shares lower.

At the close in Philippines, the PSEi Composite lost 0.97% to hit a new 1-month low.

The biggest gainers of the session on the PSEi Composite were Intl Container (PS:ICT), which rose 0.77% or 0.800 points to trade at 105.000 at the close. Ayala Land (PS:ALI) added 0.40% or 0.150 points to end at 37.650 and Sm Prime Hldgs (PS:SMPH) was up 0.35% or 0.070 points to 20.000 in late trade.

Biggest losers included Bloomberry Res (PS:BLOOM), which lost 5.54% or 0.410 points to trade at 6.990 in late trade. Semirara Minin (PS:SCC) declined 5.17% or 6.7000 points to end at 121.0000 and Philex Mining (PS:PX) shed 4.91% or 0.260 points to 5.030.

Declining stocks outnumbered rising ones by 149 to 41 and 20 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold for December delivery was up 0.40% or 4.40 to $1117.10 a troy ounce. Meanwhile, Crude oil for delivery in October fell 1.53% or 0.66 to hit $42.45 a barrel, while the October Brent oil contract fell 1.14% or 0.56 to trade at $48.63 a barrel.

CNY/PHP was down 0.19% to 7.2388, while USD/PHP fell 0.14% to 46.290.

The US Dollar Index was up 0.17% at 96.77.

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