Investing.com – Philippines equities were lower at the close on Tuesday, as losses in the Mining & Oil, Holding Firms and Services sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.29%.
The biggest gainers of the session on the PSEi Composite were Ayala Land Inc (PS:ALI), which rose 1.49% or 0.650 points to trade at 44.150 at the close. Bank of the Philippine Islands (PS:BPI) added 0.96% or 1.00 points to end at 105.00 and Metropolitan Bank and Trust Co (PS:MBT) was up 0.87% or 0.85 points to 98.95 in late trade.
Biggest losers included DMCI Holdings Inc (PS:DMC), which lost 3.27% or 0.480 points to trade at 14.220 in late trade. Petron Corp (PS:PCOR) declined 2.42% or 0.230 points to end at 9.270 and LT Group Inc (PS:LTG) shed 2.22% or 0.420 points to 18.480.
Declining stocks outnumbered rising ones by 115 to 86 and 52 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for February delivery was down 0.09% or 1.10 to $1245.80 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.79% or 0.46 to hit $58.45 a barrel, while the February Brent oil contract rose 1.14% or 0.74 to trade at $65.43 a barrel.
CNY/PHP was up 0.13% to 7.6273, while USD/PHP rose 0.32% to 50.505.
The US Dollar Index Futures was down 0.17% at 93.78.