Philippines stocks lower at close of trade; PSEi Composite down 0.39%

0 – Philippines stocks were lower after the close on Monday, as losses in the IndustrialsHolding Firms and Property sectors led shares lower.

At the close in Philippines, the PSEi Composite lost 0.39% to hit a new 3-months low.

The best performers of the session on the PSEi Composite were Metro Pacific Investments Corp (PS:MPI), which rose 3.99% or 0.190 points to trade at 4.950 at the close. Meanwhile, DMCI Holdings Inc (PS:DMC) added 2.73% or 0.320 points to end at 12.040 and Globe Telecom Inc (PS:GLO) was up 2.64% or 60.00 points to 2330.00 in late trade.

The worst performers of the session were Puregold Price Club Inc (PS:PGOLD), which fell 4.09% or 1.800 points to trade at 42.200 at the close. Manila Electric Co (PS:MER) declined 4.04% or 14.40 points to end at 341.60 and GT Capital Holdings Inc (PS:GTCAP) was down 3.14% or 24.00 points to 740.00.

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