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Philippines shares lower at close of trade; PSEi Composite down 0.54%

Published 2017-04-17, 04:35 a/m
Updated 2017-04-17, 04:35 a/m
Philippines shares lower at close of trade; PSEi Composite down 0.54%

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

At the close in Philippines, the PSEi Composite lost 0.54%.

The biggest gainers of the session on the PSEi Composite were Aboitiz Equity Ventures Inc (PS:AEV), which rose 1.06% or 0.800 points to trade at 76.300 at the close. San Miguel Corp (PS:SMC) added 1.02% or 1.10 points to end at 108.90 and Security Bank Corp (PS:SECB) was up 0.65% or 1.40 points to 218.40 in late trade.

Biggest losers included LT Group Inc (PS:LTG), which lost 3.10% or 0.480 points to trade at 15.020 in late trade. Megaworld Corp (PS:MEG) declined 2.96% or 0.120 points to end at 3.930 and GT Capital Holdings Inc (PS:GTCAP) shed 2.35% or 30.00 points to 1245.00.

Declining stocks outnumbered rising ones by 104 to 77 and 49 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold Futures for June delivery was up 0.16% or 2.00 to $1290.50 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.88% or 0.47 to hit $52.71 a barrel, while the June Brent oil contract fell 0.89% or 0.50 to trade at $55.39 a barrel.

CNY/PHP was up 0.55% to 7.2145, while USD/PHP rose 0.25% to 49.550.

The US Dollar Index Futures was down 0.26% at 100.23.

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