Investing.com – Philippines equities were lower at the close on Thursday, as losses in the Mining & Oil, Banking & Financials and Holding Firms sectors propelled shares lower.
At the close in Philippines, the PSEi Composite lost 0.11% to hit a new 1-month low.
The biggest gainers of the session on the PSEi Composite were SM Investments Corp (PS:SM), which rose 2.77% or 26.00 points to trade at 966.00 at the close. Ayala Land Inc (PS:ALI) added 2.68% or 1.100 points to end at 42.200 and PLDT Inc (PS:TEL) was up 1.38% or 21.00 points to 1541.00 in late trade.
Biggest losers included JG Summit Holdings Inc (PS:JGS), which lost 5.42% or 3.900 points to trade at 68.100 in late trade. Aboitiz Equity Ventures Inc (PS:AEV) declined 2.45% or 1.900 points to end at 75.500 and LT Group Inc (PS:LTG) shed 2.40% or 0.550 points to 22.400.
Declining stocks outnumbered rising ones by 110 to 84 and 48 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for April delivery was down 0.35% or 4.60 to $1313.30 a troy ounce. Meanwhile, Crude oil for delivery in April rose 0.23% or 0.14 to hit $61.78 a barrel, while the May Brent oil contract rose 0.32% or 0.21 to trade at $64.94 a barrel.
CNY/PHP was down 0.52% to 8.1854, while USD/PHP fell 0.36% to 51.914.
The US Dollar Index Futures was unchanged 0.00% at 90.61.