Philippines stocks decrease at close of trade

Philippines stocks decrease at close of trade

On Monday, Philippines stocks slumped after the close because losses in the Services, Property as well as Industrials sectors brought stocks down.

The PSEi Composite went down 0.55%.

On the PSEi Composite the best performers were represented by such benchmarks as Alliance Global Group Inc, Metropolitan Bank as well as Trust Co. They edged up respectively 4.11%, 2.42% and 2.10%.

As for the worst performers, these are PLDT Inc,  Ayala Land Inc and First Gen Corp. They tumbled 4.33%, 3.97% and 3.61% respectively.      

On the Philippines Stock Exchange declining stocks supplanted soaring ones by 110 to 86, while 51 were intact.

The currency pair CNY/PHP managed to grow 0.03%, being worth 7.2027, while USD/PHP stood still, showing 49.674.

The US Dollar Index Futures headed south 0.10%, being worth 98.95.

June delivery gold futures soared 0.15%, trading at $1229.54 a troy ounce.

June delivery crude futures tacked on 2.57%, trading at $49.07 per barrel.

 

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