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Philippines stocks lower at close of trade; PSEi Composite down 1.71%

Published 2016-01-04, 03:35 a/m
Philippines stocks lower at close of trade; PSEi Composite down 1.71%

Investing.com – Philippines stocks were lower after the close on Monday, as losses in the Services, Holding Firms and Property sectors led shares lower.

At the close in Philippines, the PSEi Composite fell 1.71%.

The best performers of the session on the PSEi Composite were Metro Pacifi I (PS:MPI), which rose 0.77% or 0.040 points to trade at 5.240 at the close. Meanwhile, Gt Capital Hol (PS:GTCAP) added 0.61% or 8.000 points to end at 1320.000 and Universal Robi (PS:URC) was up 0.54% or 1.000 points to 187.000 in late trade.

The worst performers of the session were Bloomberry Res (PS:BLOOM), which fell 5.29% or 0.240 points to trade at 4.300 at the close. Jg Summit (PS:JGS) declined 4.09% or 3.000 points to end at 70.300 and Dmci Holdings (PS:DMC) was down 4.06% or 0.560 points to 13.240.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 129 to 43 and 13 ended unchanged.

Gold for February delivery was up 1.12% or 11.90 to $1072.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.36% or 0.14 to hit $37.17 a barrel, while the February Brent oil contract fell 0.68% or 0.26 to trade at $37.35 a barrel.

CNY/PHP was down 0.32% to 7.2229, while USD/PHP rose 0.04% to 47.075.

The US Dollar Index was down 0.55% at 98.23.

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