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Philippines shares lower at close of trade; PSEi Composite down 0.03%

Published 08/09/2017, 06:35 pm
Philippines shares lower at close of trade; PSEi Composite down 0.03%
PSI
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Investing.com – Philippines equities were lower at the close on Friday, as losses in the Services, Industrials and Property sectors propelled shares lower.

At the close in Philippines, the PSEi Composite fell 0.03%.

The biggest gainers of the session on the PSEi Composite were Alliance Global Group Inc (PS:AGI), which rose 3.38% or 0.480 points to trade at 14.700 at the close. Metro Pacific Investments Corp (PS:MPI) added 1.35% or 0.090 points to end at 6.760 and First Gen Corp (PS:FGEN) was up 1.03% or 0.18 points to 17.74 in late trade.

Biggest losers included Petron Corp (PS:PCOR), which lost 1.90% or 0.200 points to trade at 10.340 in late trade. Globe Telecom Inc (PS:GLO) declined 1.77% or 36.00 points to end at 2000.00 and LT Group Inc (PS:LTG) shed 1.69% or 0.300 points to 17.500.

Advancing stocks outnumbered falling ones by 100 to 91 and 54 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold Futures for December delivery was up 0.63% or 8.54 to $1358.84 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.08% or 0.04 to hit $49.05 a barrel, while the November Brent oil contract rose 0.46% or 0.25 to trade at $54.74 a barrel.

CNY/PHP was up 0.76% to 7.8685, while USD/PHP fell 0.16% to 50.865.

The US Dollar Index Futures was down 0.28% at 91.23.

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