Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Philippines shares lower at close of trade; PSEi Composite down 0.06%

Published 2018-05-28, 04:35 a/m
Updated 2018-05-28, 04:40 a/m
Philippines shares lower at close of trade; PSEi Composite down 0.06%

Philippines shares lower at close of trade; PSEi Composite down 0.06%

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

At the close in Philippines, the PSEi Composite declined 0.06%.

The biggest gainers of the session on the PSEi Composite were Bank of the Philippine Islands (PS:BPI), which rose 2.47% or 2.40 points to trade at 99.40 at the close. SM Investments Corp (PS:SM) added 1.73% or 15.00 points to end at 882.00 and GT Capital Holdings Inc (PS:GTCAP) was up 1.46% or 14.50 points to 1010.00 in late trade.

Biggest losers included PLDT Inc (PS:TEL), which lost 6.16% or 85.00 points to trade at 1295.00 in late trade. JG Summit Holdings Inc (PS:JGS) declined 2.57% or 1.550 points to end at 58.750 and Aboitiz Equity Ventures Inc (PS:AEV) shed 2.46% or 1.600 points to 63.400.

Declining stocks outnumbered rising ones by 128 to 74 and 38 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold Futures for June delivery was down 0.54% or 7.10 to $1296.60 a troy ounce. Meanwhile, Crude oil for delivery in July fell 1.62% or 1.10 to hit $66.78 a barrel, while the August Brent oil contract fell 1.31% or 1.00 to trade at $75.47 a barrel.

CNY/PHP was down 0.33% to 8.2066, while USD/PHP fell 0.26% to 52.480.

The US Dollar Index Futures was down 0.19% at 94.03.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.