Philippines stocks lower at close of trade; PSEi Composite down 0.27%

Philippines stocks


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

At the close in Philippines, the PSEi Composite lost 0.27%.
The best performers of the session on the PSEi Composite were Bloomberry Res (PS:BLOOM), which rose 6.07% or 0.260 points to trade at 4.540 at the close. Meanwhile, Manila Electri (PS:MER) added 3.21% or 10.000 points to end at 322.000 and Metropolitan B (PS:MBT) was up 2.77% or 2.20 points to 81.70 in late trade.
The worst performers of the session were Ayala Land (PS:ALI), which fell 3.22% or 1.150 points to trade at 34.550 at the close. Dmci Holdings (PS:DMC) declined 2.43% or 0.340 points to end at 14.000 and Bk Of Phi Isla (PS:BPI) was down 1.81% or 1.55 points to 83.85.

Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 96 to 73 and 15 ended unchanged.


Gold for February delivery was down 0.34% or 3.70 to $1072.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 1.61% or 0.61 to hit $37.48 a barrel, while the February Brent oil contract fell 1.61% or 0.61 to trade at $37.30 a barrel.

CNY/PHP was down 0.33% to 7.2657, while USD/PHP fell 0.18% to 47.134.

The US Dollar Index was down 0.06% at 97.96.
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