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Home International Customs Philippines

Philippines stocks lower after closing of trade

byCT Report
06/04/2017
in Philippines
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MANILA: Philippines stocks were lower after the close on Thursday, as losses in the Mining & Oil, Property and Services sectors led shares lower.

At the close in Philippines, the PSEi Composite declined 0.25%.

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The best performers of the session on the PSEi Composite were Alliance Global Group Inc (PS:AGI), which rose 3.24% or 0.420 points to trade at 13.400 at the close. Meanwhile, Robinsons Land Corp (PS:RLC) added 2.59% or 0.600 points to end at 23.800 and DMCI Holdings Inc (PS:DMC) was up 2.56% or 0.300 points to 12.000 in late trade.

The worst performers of the session were Ayala Corp (PS:AC), which fell 2.81% or 25.00 points to trade at 865.00 at the close. Ayala Land Inc (PS:ALI) declined 2.64% or 0.950 points to end at 35.000 and Petron Corp (PS:PCOR) was down 2.49% or 0.220 points to 8.620.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 101 to 90 and 43 ended unchanged.

Gold Futures for June delivery was up 0.62% or 7.75 to $1256.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.06% or 0.03 to hit $51.12 a barrel, while the June Brent oil contract rose 0.04% or 0.02 to trade at $54.38 a barrel.

CNY/PHP was down 0.02% to 7.2704, while USD/PHP rose 0.03% to 50.150.

The US Dollar Index Futures was up 0.11% at 100.57.

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