Investing.com – Philippines equities were lower at the close on Friday, as losses in the Property, Industrials and Services sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.56% to hit a new 1-month low.
The biggest gainers of the session on the PSEi Composite were Emperador Inc (PS:EMP), which rose 1.63% or 0.120 points to trade at 7.470 at the close. Energy Development Corp (PS:EDC) added 1.17% or 0.070 points to end at 6.070 and Aboitiz Equity Ventures Inc (PS:AEV) was up 1.13% or 0.850 points to 75.850 in late trade.
Biggest losers included Robinsons Land Corp (PS:RLC), which lost 2.82% or 0.700 points to trade at 24.100 in late trade. SM Prime Holdings Inc (PS:SMPH) declined 2.50% or 0.850 points to end at 33.200 and International Container Terminal Services Inc (PS:ICT) shed 2.14% or 2.150 points to 98.250.
Advancing stocks outnumbered falling ones by 100 to 98 and 48 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for August delivery was up 0.70% or 8.73 to $1258.13 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.56% or 0.24 to hit $42.98 a barrel, while the August Brent oil contract rose 0.55% or 0.25 to trade at $45.47 a barrel.
CNY/PHP was down 0.30% to 7.3432, while USD/PHP fell 0.23% to 50.225.
The US Dollar Index Futures was down 0.26% at 97.01.