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Philippines shares lower at close of trade; PSEi Composite down 0.14%

Published 24/09/2015, 09:35
Philippines shares lower at close of trade; PSEi Composite down 0.14%

Investing.com – Philippines equities were lower at the close on Thursday, as losses in the Services, Holding Firms and Property sectors propelled shares lower.

At the close in Philippines, the PSEi Composite fell 0.14%.

The biggest gainers of the session on the PSEi Composite were San Miguel Cor (PS:SMC), which rose 14.30% or 6.350 points to trade at 50.750 at the close. Universal Robi (PS:URC) added 3.28% or 6.100 points to end at 192.000 and Metropolitan B (PS:MBT) was up 1.81% or 1.45 points to 81.50 in late trade.

Biggest losers included Alliance Globa (PS:AGI), which lost 4.53% or 0.860 points to trade at 18.140 in late trade. Globe Telecom (PS:GLO) declined 3.02% or 74.000 points to end at 2380.000 and Ayala Corp (PS:AC) shed 2.57% or 19.500 points to 740.000.

Declining stocks outnumbered rising ones by 104 to 79 and 12 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold for December delivery was up 0.29% or 3.30 to $1134.80 a troy ounce. Meanwhile, Crude oil for delivery in November rose 1.01% or 0.45 to hit $44.93 a barrel, while the November Brent oil contract rose 0.72% or 0.34 to trade at $48.09 a barrel.

CNY/PHP was down 0.10% to 7.3282, while USD/PHP fell 0.06% to 46.800.

The US Dollar Index was down 0.11% at 96.29.

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