Philippines shares lower at close of trade; PSEi Composite down 1.12%

Philippines shares lower at close of trade; PSEi Composite down 1.12%

Investing.com  | Oct 15, 2018 04:35

Philippines shares lower at close of trade; PSEi Composite down 1.12%

Investing.com – Philippines equities were lower at the close on Monday, as losses in the Industrials, Services and Holding Firms sectors propelled shares lower.

At the close in Philippines, the PSEi Composite lost 1.12%.

The biggest gainers of the session on the PSEi Composite were JG Summit Holdings Inc (PS:JGS), which rose 3.19% or 1.450 points to trade at 46.950 at the close. Megaworld Corp (PS:MEG) added 1.69% or 0.070 points to end at 4.200 and Security Bank Corp (PS:SECB) was up 1.56% or 2.20 points to 143.10 in late trade.

Biggest losers included Jollibee Foods Corp (PS:JFC), which lost 4.58% or 12.00 points to trade at 250.00 in late trade. Globe Telecom Inc (PS:GLO) declined 4.29% or 90.00 points to end at 2010.00 and Robinsons Retail Holdings Inc (PS:RRHI) shed 3.75% or 3.000 points to 77.000.

Advancing stocks outnumbered falling ones by 106 to 84 and 40 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold Futures for December delivery was up 0.86% or 10.50 to $1232.50 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.39% or 0.28 to hit $71.62 a barrel, while the December Brent oil contract rose 0.65% or 0.52 to trade at $80.95 a barrel.

CNY/PHP was down 0.17% to 7.8129, while USD/PHP fell 0.10% to 54.120.

The US Dollar Index Futures was down 0.03% at 94.91.

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