Posted by support on October 10, 2016

 Philippines equities were lower at the close on Monday, as losses in the Holding Firms, Industrials and Services sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 0.58% to hit a new 3-month low.
The biggest gainers of the session on the PSEi Composite were Bloomberry Resorts Corp (PS:BLOOM), which rose 7.28% or 0.330 points to trade at 4.860 at the close. Bank of the Philippine Islands (PS:BPI) added 0.68% or 0.70 points to end at 104.00 and Energy Development Corp (PS:EDC) was up 0.51% or 0.030 points to 5.930 in late trade.
Biggest losers included Metro Pacific Investments Corp (PS:MPI), which lost 2.84% or 0.210 points to trade at 7.190 in late trade. International Container Terminal Services Inc (PS:ICT) declined 2.00% or 1.600 points to end at 78.400 and GT Capital Holdings Inc (PS:GTCAP) shed 1.77% or 25.000 points to 1385.000.
Declining stocks outnumbered rising ones by 100 to 62 and 53 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was up 1.10% or 13.75 to $1265.65 a troy ounce. Meanwhile, Crude oil for delivery in November fell 0.48% or 0.24 to hit $49.57 a barrel, while the December Brent oil contract fell 0.37% or 0.19 to trade at $51.74 a barrel.
CNY/PHP was down 0.40% to 7.2157, while USD/PHP rose 0.02% to 48.345.
The US Dollar Index was up 0.13% at 96.65.