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Philippines stocks lower at close of trade; PSEi Composite down 1.03%

Published 2015-12-04, 03:35 a/m
Philippines stocks lower at close of trade; PSEi Composite down 1.03%

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

At the close in Philippines, the PSEi Composite fell 1.03%.

The best performers of the session on the PSEi Composite were Metropolitan B (PS:MBT), which rose 1.85% or 1.50 points to trade at 82.50 at the close. Meanwhile, San Miguel Cor (PS:SMC) added 0.85% or 0.400 points to end at 47.200 and Philex Mining (PS:PX) was up 0.20% or 0.010 points to 5.000 in late trade.

The worst performers of the session were Sm Prime Hldgs (PS:SMPH), which fell 3.84% or 0.850 points to trade at 21.300 at the close. Bloomberry Res (PS:BLOOM) declined 2.63% or 0.140 points to end at 5.180 and Alliance Globa (PS:AGI) was down 2.29% or 0.400 points to 17.100.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 120 to 53 and 13 ended unchanged.

Gold for February delivery was down 0.18% or 1.90 to $1059.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.30% or 0.12 to hit $41.20 a barrel, while the January Brent oil contract fell 0.34% or 0.15 to trade at $43.85 a barrel.

CNY/PHP was down 0.22% to 7.3554, while USD/PHP fell 0.15% to 47.090.

The US Dollar Index was up 0.48% at 98.28.

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