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Philippines stocks lower at close of trade; PSEi Composite down 0.97%

Published 17/08/2015, 06:35 pm
Philippines stocks lower at close of trade; PSEi Composite down 0.97%

Investing.com – Philippines stocks were lower after the close on Monday, as losses in the Mining & Oil, Banking & Financials and Holding Firms sectors led shares lower.

At the close in Philippines, the PSEi Composite lost 0.97% to hit a new 1-month low.

The best performers of the session on the PSEi Composite were Intl Container (PS:ICT), which rose 0.77% or 0.800 points to trade at 105.000 at the close. Meanwhile, Ayala Land (PS:ALI) added 0.40% or 0.150 points to end at 37.650 and Sm Prime Hldgs (PS:SMPH) was up 0.35% or 0.070 points to 20.000 in late trade.

The worst performers of the session were Bloomberry Res (PS:BLOOM), which fell 5.54% or 0.410 points to trade at 6.990 at the close. Semirara Minin (PS:SCC) declined 5.17% or 6.7000 points to end at 121.0000 and Philex Mining (PS:PX) was down 4.91% or 0.260 points to 5.030.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 149 to 41 and 20 ended unchanged.

Shares in Bloomberry Res (PS:BLOOM) fell to 3-years lows; losing 5.54% or 0.410 to 6.990. Shares in Philex Mining (PS:PX) fell to 3-years lows; losing 4.91% or 0.260 to 5.030.

Gold for December delivery was up 0.40% or 4.50 to $1117.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 1.53% or 0.66 to hit $42.45 a barrel, while the October Brent oil contract fell 1.11% or 0.55 to trade at $48.65 a barrel.

CNY/PHP was down 0.19% to 7.2388, while USD/PHP fell 0.14% to 46.290.

The US Dollar Index was up 0.16% at 96.76.

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