Investing.com – Philippines equities were lower at the close on Tuesday, as losses in the Industrials, Holding Firms and Property sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 1.54%.
The biggest gainers of the session on the PSEi Composite were Globe Telecom (PS:GLO), which fell 0.08% or 2.000 points to trade at 2604.000 at the close. Aboitiz Power (PS:AP) fell 0.12% or 0.05 points to end at 43.00 and Phi Long Dis T (PS:TEL) was down 0.14% or 4.00 points to 2782.00 in late trade.
Biggest losers included Metro Pacifi I (PS:MPI), which lost 4.97% or 0.220 points to trade at 4.210 in late trade. Energy Develop (PS:EDC) declined 3.77% or 0.300 points to end at 7.650 and Alliance Globa (PS:AGI) shed 3.64% or 0.850 points to 22.500.
Declining stocks outnumbered rising ones by 112 to 72 and 19 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was down 0.11% or 1.30 to $1187.40 a troy ounce. Meanwhile, Crude oil for delivery in July rose 1.47% or 0.89 to hit $61.09 a barrel, while the July Brent oil contract rose 1.33% or 0.86 to trade at $65.75 a barrel.
CNY/PHP was up 0.37% to 7.2098, while USD/PHP rose 0.35% to 44.690.
The US Dollar Index was down 0.32% at 97.22.