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Philippines stocks lower at close of trade; PSEi Composite down 0.91%

Published 2015-07-28, 04:35 a/m
Philippines stocks lower at close of trade; PSEi Composite down 0.91%
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Investing.com – Philippines stocks were lower after the close on Tuesday, as losses in the Holding Firms, Banking & Financials and Services sectors led shares lower.

At the close in Philippines, the PSEi Composite fell 0.91%.

The best performers of the session on the PSEi Composite were Sm Prime Hldgs (PS:SMPH), which rose 2.44% or 0.500 points to trade at 20.850 at the close. Meanwhile, Robinsons Land (PS:RLC) added 1.07% or 0.300 points to end at 28.450 and Aboitiz Equity (PS:AEV) was up 0.96% or 0.550 points to 57.800 in late trade.

The worst performers of the session were Bdo Unibank (PS:BDO), which fell 2.76% or 2.80 points to trade at 98.60 at the close. Dmci Holdings (PS:DMC) declined 2.73% or 0.340 points to end at 12.020 and San Miguel Cor (PS:SMC) was down 2.40% or 1.400 points to 57.000.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 124 to 49 and 17 ended unchanged.

Shares in San Miguel Cor (PS:SMC) fell to 52-week lows; losing 2.40% or 1.400 to 57.000.

Gold for December delivery was down 0.10% or 1.10 to $1095.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.73% or 0.34 to hit $47.05 a barrel, while the September Brent oil contract fell 1.27% or 0.68 to trade at $52.79 a barrel.

CNY/PHP was down 0.07% to 7.3281, while USD/PHP fell 0.07% to 45.503.

The US Dollar Index was up 0.18% at 96.81.

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