Investing.com – Philippines equities were lower at the close on Tuesday, as losses in the Property, Holding Firms and Services sectors propelled shares lower.
At the close in Philippines, the PSEi Composite lost 2.53% to hit a new 6-month low.
The biggest gainers of the session on the PSEi Composite were Jollibee Foods Corp (PS:JFC), which rose 1.89% or 4.000 points to trade at 216.000 at the close. Alliance Global Group Inc (PS:AGI) added 0.47% or 0.060 points to end at 12.760 and International Container Terminal Services Inc (PS:ICT) was up 0.34% or 0.250 points to 74.250 in late trade.
Biggest losers included SM Investments Corp (PS:SM), which lost 5.97% or 39.500 points to trade at 622.500 in late trade. Ayala Corp (PS:AC) declined 5.00% or 38.500 points to end at 731.500 and Megaworld Corp (PS:MEG) shed 4.51% or 0.170 points to 3.600.
Declining stocks outnumbered rising ones by 129 to 62 and 38 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was up 0.65% or 7.85 to $1217.65 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.27% or 0.13 to hit $48.37 a barrel, while the January Brent oil contract rose 0.31% or 0.15 to trade at $49.05 a barrel.
CNY/PHP was up 0.38% to 7.2479, while USD/PHP rose 0.17% to 49.909.
The US Dollar Index was down 0.08% at 100.86.