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Philippines stocks lower at close of trade; PSEi Composite down 0.17%

Published 01/09/2015, 06:35 pm
Philippines stocks lower at close of trade; PSEi Composite down 0.17%

Investing.com – Philippines stocks were lower after the close on Tuesday, as losses in the Services, Mining & Oil and Industrials sectors led shares lower.

At the close in Philippines, the PSEi Composite lost 0.17%.

The best performers of the session on the PSEi Composite were Ayala Corp (PS:AC), which rose 2.30% or 17.000 points to trade at 755.000 at the close. Meanwhile, Philex Mining (PS:PX) added 1.96% or 0.100 points to end at 5.200 and Sm Prime Hldgs (PS:SMPH) was up 1.95% or 0.380 points to 19.860 in late trade.

The worst performers of the session were San Miguel Cor (PS:SMC), which fell 3.65% or 1.900 points to trade at 50.100 at the close. Intl Container (PS:ICT) declined 3.60% or 3.350 points to end at 90.000 and Phi Long Dis T (PS:TEL) was down 2.86% or 72.00 points to 2446.00.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 112 to 64 and 23 ended unchanged.

Shares in San Miguel Cor (PS:SMC) fell to 3-years lows; falling 3.65% or 1.900 to 50.100. Shares in Intl Container (PS:ICT) fell to 52-week lows; down 3.60% or 3.350 to 90.000.

Gold for December delivery was up 0.71% or 8.00 to $1140.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 4.29% or 2.11 to hit $47.09 a barrel, while the October Brent oil contract fell 4.20% or 2.27 to trade at $51.88 a barrel.

CNY/PHP was up 0.02% to 7.3350, while USD/PHP fell 0.17% to 46.682.

The US Dollar Index was down 0.49% at 95.48.

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