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Philippines shares lower at close of trade; PSEi Composite down 0.87%

Published 11/08/2016, 06:35 pm
Philippines shares lower at close of trade; PSEi Composite down 0.87%
PSI
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PSMO
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PSHO
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PSSE
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BLOOM
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FGEN
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ICT
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MEG
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SCC
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GTCAP
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Investing.com – Philippines equities were lower at the close on Thursday, as losses in the Mining & Oil, Services and Holding Firms sectors propelled shares lower.

At the close in Philippines, the PSEi Composite fell 0.87%.

The biggest gainers of the session on the PSEi Composite were International Container Terminal Services Inc (PS:ICT), which rose 6.92% or 4.400 points to trade at 67.950 at the close. Bloomberry Resorts Corp (PS:BLOOM) added 3.65% or 0.210 points to end at 5.960 and First Gen Corp (PS:FGEN) was up 0.40% or 0.10 points to 25.00 in late trade.

Biggest losers included Semirara Mining Corp (PS:SCC), which lost 5.95% or 6.9000 points to trade at 109.0000 in late trade. Megaworld Corp (PS:MEG) declined 5.48% or 0.300 points to end at 5.170 and GT Capital Holdings Inc (PS:GTCAP) shed 4.07% or 66.000 points to 1554.000.

Declining stocks outnumbered rising ones by 135 to 58 and 37 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold for December delivery was down 0.03% or 0.45 to $1351.45 a troy ounce. Meanwhile, Crude oil for delivery in September fell 1.32% or 0.55 to hit $41.16 a barrel, while the October Brent oil contract fell 1.18% or 0.52 to trade at $43.53 a barrel.

CNY/PHP was up 0.03% to 7.0478, while USD/PHP rose 0.02% to 46.789.

The US Dollar Index was up 0.24% at 95.82.

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