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Philippines shares lower at close of trade; PSEi Composite down 0.33%

Published 20/06/2017, 06:35 pm
Philippines shares lower at close of trade; PSEi Composite down 0.33%
PSI
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Investing.com – Philippines equities were lower at the close on Tuesday, as losses in the Holding Firms, Banking & Financials and Property sectors propelled shares lower.

At the close in Philippines, the PSEi Composite fell 0.33%.

The biggest gainers of the session on the PSEi Composite were Megaworld Corp (PS:MEG), which rose 3.23% or 0.144 points to trade at 4.600 at the close. Aboitiz Power Corp (PS:AP) added 1.02% or 0.40 points to end at 39.60 and GT Capital Holdings Inc (PS:GTCAP) was up 0.67% or 8.00 points to 1200.00 in late trade.

Biggest losers included Robinsons Land Corp (PS:RLC), which lost 2.00% or 0.500 points to trade at 24.500 in late trade. LT Group Inc (PS:LTG) declined 1.84% or 0.280 points to end at 14.940 and Alliance Global Group Inc (PS:AGI) shed 1.68% or 0.240 points to 14.060.

Advancing stocks outnumbered falling ones by 96 to 90 and 52 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold Futures for August delivery was up 0.15% or 1.89 to $1248.59 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.27% or 0.12 to hit $44.55 a barrel, while the August Brent oil contract rose 0.26% or 0.12 to trade at $47.03 a barrel.

CNY/PHP was up 0.13% to 7.3469, while USD/PHP rose 0.48% to 50.160.

The US Dollar Index Futures was up 0.05% at 97.28.

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