Investing.com – Philippines equities were lower at the close on Friday, as losses in the Industrials, Holding Firms and Services sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 0.50%.
The biggest gainers of the session on the PSEi Composite were Megaworld Corp (PS:MEG), which rose 1.91% or 0.090 points to trade at 4.790 at the close. First Gen Corp (PS:FGEN) added 1.60% or 0.40 points to end at 25.40 and Metro Pacific Investments Corp (PS:MPI) was up 1.27% or 0.090 points to 7.190 in late trade.
Biggest losers included JG Summit Holdings Inc (PS:JGS), which lost 3.35% or 2.650 points to trade at 76.350 in late trade. Universal Robina Corp (PS:URC) declined 2.34% or 4.400 points to end at 183.300 and Metropolitan Bank and Trust Co (PS:MBT) shed 1.79% or 1.55 points to 85.15.
Advancing stocks outnumbered falling ones by 90 to 88 and 51 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was down 0.32% or 4.25 to $1340.45 a troy ounce. Meanwhile, Crude oil for delivery in November fell 1.51% or 0.70 to hit $45.62 a barrel, while the November Brent oil contract fell 1.18% or 0.56 to trade at $47.09 a barrel.
CNY/PHP was up 0.36% to 7.2069, while USD/PHP rose 0.45% to 48.072.
The US Dollar Index was up 0.14% at 95.44.