Investing.com – Philippines equities were lower at the close on Thursday, as losses in the Property, Industrials and Mining & Oil sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 1.05%.
The biggest gainers of the session on the PSEi Composite were Metro Pacific Investments Corp (PS:MPI), which rose 1.85% or 0.120 points to trade at 6.600 at the close. Ayala Corp (PS:AC) added 1.74% or 12.500 points to end at 732.000 and San Miguel Corp (PS:SMC) was up 0.65% or 0.650 points to 100.500 in late trade.
Biggest losers included Robinsons Land Corp (PS:RLC), which lost 3.13% or 0.850 points to trade at 26.350 in late trade. Aboitiz Power Corp (PS:AP) declined 2.96% or 1.30 points to end at 42.65 and SM Prime Holdings Inc (PS:SMPH) shed 2.95% or 0.850 points to 27.950.
Declining stocks outnumbered rising ones by 116 to 64 and 40 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for February delivery was down 2.25% or 26.20 to $1137.50 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.22% or 0.11 to hit $51.15 a barrel, while the February Brent oil contract rose 0.65% or 0.35 to trade at $54.25 a barrel.
CNY/PHP was up 0.10% to 7.2147, while USD/PHP rose 0.53% to 50.033.
The US Dollar Index was up 0.51% at 102.55.