Stocks, peso end lower

December 18, 2018

Philippine stocks ended lower, with the key index losing more one percent on Tuesday.

The Philippine Stock Exchange index settled at 7,420.40m down 1oo points. In the broader market, there were 124 decliners, 73 gainers and 38 shares unchanged.

Volume reached 4.93 billion shares valued at P8.5 billion from the previous day's 1.05 billion shares worth P5.94 billion.

Most active shares were led by SM Prime, unchanged at P34.90; International Container and Terminal Services Inc., up 0.51 percent to P99.50 and BDO, down 3.31 percent to P125.50.

The peso  closed at P53.07 against the US dollar, down nine centavos from Monday. Volume at the foreign exchange portal of the Bankers Association of the Philippines amounted to $790.46 million from $685.95 million on Monday. DMS