Investing.com – Philippines equities were lower at the close on Thursday, as losses in the Services, Property and Banking & Financials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite lost 0.78%.
The biggest gainers of the session on the PSEi Composite were Universal Robina Corp (PS:URC), which rose 1.81% or 3.100 points to trade at 174.000 at the close. Petron Corp (PS:PCOR) added 1.23% or 0.120 points to end at 9.860 and Aboitiz Power Corp (PS:AP) was up 1.04% or 0.45 points to 43.80 in late trade.
Biggest losers included PLDT Inc (PS:TEL), which lost 4.15% or 65.00 points to trade at 1500.00 in late trade. SM Prime Holdings Inc (PS:SMPH) declined 2.58% or 0.800 points to end at 30.200 and Robinsons Land Corp (PS:RLC) shed 2.57% or 0.700 points to 26.500.
Declining stocks outnumbered rising ones by 112 to 69 and 62 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for February delivery was up 0.60% or 7.15 to $1203.75 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.31% or 0.16 to hit $52.41 a barrel, while the March Brent oil contract rose 0.60% or 0.33 to trade at $55.43 a barrel.
CNY/PHP was down 0.41% to 7.1200, while USD/PHP fell 0.45% to 49.390.
The US Dollar Index was down 0.71% at 100.98.