Investing.com – Philippines equities were lower at the close on Tuesday, as losses in the Property, Mining & Oil and Holding Firms sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.49%.
The biggest gainers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 3.10% or 0.160 points to trade at 5.320 at the close. Globe Telecom Inc (PS:GLO) added 1.98% or 40.000 points to end at 2060.000 and Philippine Long Distance Telephone Company (PS:TEL) was up 1.79% or 34.00 points to 1930.00 in late trade.
Biggest losers included Bloomberry Resorts Corp (PS:BLOOM), which lost 4.81% or 0.240 points to trade at 4.750 in late trade. First Gen Corp (PS:FGEN) declined 2.68% or 0.60 points to end at 21.75 and International Container Terminal Services Inc (PS:ICT) shed 2.58% or 1.750 points to 66.000.
Declining stocks outnumbered rising ones by 121 to 63 and 39 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was up 1.35% or 16.40 to $1235.70 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.78% or 0.28 to hit $35.42 a barrel, while the June Brent oil contract fell 0.42% or 0.16 to trade at $37.53 a barrel.
CNY/PHP was up 0.18% to 7.1457, while USD/PHP rose 0.11% to 46.258.
The US Dollar Index was up 0.12% at 94.70.