Investing.com – Philippines equities were lower at the close on Thursday, as losses in the Services, Property and Holding Firms sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 1.41% to hit a new 1-month low.
The biggest gainers of the session on the PSEi Composite were Dmci Holdings (PS:DMC), which rose 1.90% or 0.280 points to trade at 15.000 at the close. Petron (PS:PCOR) added 1.65% or 0.160 points to end at 9.850 and Globe Telecom (PS:GLO) was up 1.02% or 22.000 points to 2182.000 in late trade.
Biggest losers included Phi Long Dis T (PS:TEL), which lost 4.09% or 118.00 points to trade at 2770.00 in late trade. Alliance Globa (PS:AGI) declined 3.61% or 0.950 points to end at 25.400 and Ayala Land (PS:ALI) shed 2.64% or 1.050 points to 38.650.
Declining stocks outnumbered rising ones by 124 to 78 and 14 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was down 0.45% or 5.50 to $1204.50 a troy ounce. Meanwhile, Crude oil for delivery in June rose 1.08% or 0.64 to hit $59.22 a barrel, while the June Brent oil contract rose 0.66% or 0.43 to trade at $66.28 a barrel.
CNY/PHP was up 0.66% to 7.1884, while USD/PHP rose 0.67% to 44.575.
The US Dollar Index was down 0.69% at 94.65.