Investing.com – Philippines equities were lower at the close on Friday, as losses in the Property, Services and Holding Firms sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 1.73%.
The biggest gainers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 3.89% or 0.280 points to trade at 7.480 at the close. San Miguel Corp (PS:SMC) added 1.94% or 1.400 points to end at 73.400 and LT Group Inc (PS:LTG) was up 1.46% or 0.200 points to 13.900 in late trade.
Biggest losers included Metro Pacific Investments Corp (PS:MPI), which lost 3.59% or 0.220 points to trade at 5.900 in late trade. GT Capital Holdings Inc (PS:GTCAP) declined 3.50% or 50.000 points to end at 1380.000 and Petron Corp (PS:PCOR) shed 3.48% or 0.400 points to 11.100.
Declining stocks outnumbered rising ones by 138 to 52 and 42 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was up 0.12% or 1.50 to $1256.30 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.68% or 0.33 to hit $49.00 a barrel, while the July Brent oil contract rose 0.68% or 0.33 to trade at $49.14 a barrel.
CNY/PHP was down 0.08% to 7.1477, while USD/PHP fell 0.13% to 46.775.
The US Dollar Index was down 0.05% at 95.25.