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Philippines stocks lower at close of trade; PSEi Composite down 0.82%

Published 10/24/2017, 04:35 AM
Updated 10/24/2017, 04:35 AM
Philippines stocks lower at close of trade; PSEi Composite down 0.82%

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

At the close in Philippines, the PSEi Composite lost 0.82%.

The best performers of the session on the PSEi Composite were Semirara Mining Corp (PS:SCC), which rose 4.65% or 1.90 points to trade at 42.80 at the close. Meanwhile, First Gen Corp (PS:FGEN) added 2.21% or 0.38 points to end at 17.60 and PLDT Inc (PS:TEL) was up 2.05% or 35.00 points to 1740.00 in late trade.

The worst performers of the session were Security Bank Corp (PS:SECB), which fell 4.23% or 11.00 points to trade at 249.00 at the close. Robinsons Land Corp (PS:RLC) declined 3.71% or 0.950 points to end at 24.650 and BDO Unibank Inc (PS:BDO) was down 3.48% or 4.90 points to 136.00.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 113 to 80 and 50 ended unchanged.

Gold Futures for December delivery was down 0.09% or 1.09 to $1279.81 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.19% or 0.10 to hit $51.80 a barrel, while the December Brent oil contract fell 0.28% or 0.16 to trade at $57.21 a barrel.

CNY/PHP was up 0.39% to 7.7891, while USD/PHP rose 0.29% to 51.669.

The US Dollar Index Futures was down 0.02% at 93.70.

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