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Philippines shares lower at close of trade; PSEi Composite down 0.78%

Published 20/10/2017, 07:35 pm
Philippines shares lower at close of trade; PSEi Composite down 0.78%
PSI
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AC
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ICT
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Investing.com – Philippines equities were lower at the close on Friday, as losses in the Mining & Oil, Industrials and Banking & Financials sectors propelled shares lower.

At the close in Philippines, the PSEi Composite fell 0.78%.

The biggest gainers of the session on the PSEi Composite were International Container Terminal Services Inc (PS:ICT), which rose 1.37% or 1.400 points to trade at 103.400 at the close. JG Summit Holdings Inc (PS:JGS) added 1.33% or 1.000 points to end at 76.200 and SM Investments Corp (PS:SM) was up 0.98% or 9.50 points to 979.50 in late trade.

Biggest losers included First Gen Corp (PS:FGEN), which lost 6.12% or 1.10 points to trade at 16.88 in late trade. Ayala Corp (PS:AC) declined 4.12% or 46.00 points to end at 1070.00 and Robinsons Land Corp (PS:RLC) shed 3.60% or 0.950 points to 25.450.

Declining stocks outnumbered rising ones by 124 to 71 and 50 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold Futures for December delivery was down 0.57% or 7.32 to $1282.68 a troy ounce. Meanwhile, Crude oil for delivery in November fell 0.12% or 0.06 to hit $51.23 a barrel, while the December Brent oil contract unchanged 0.00% or 0.00 to trade at $57.23 a barrel.

CNY/PHP was up 0.21% to 7.7785, while USD/PHP fell 0.04% to 51.490.

The US Dollar Index Futures was up 0.43% at 93.40.

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