Investing.com – Philippines equities were lower at the close on Thursday, as losses in the Holding Firms, Services and Property sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.81% to hit a new 1-month low.
The biggest gainers of the session on the PSEi Composite were BDO Unibank Inc (PS:BDO), which rose 3.62% or 5.10 points to trade at 146.10 at the close. DMCI Holdings Inc (PS:DMC) added 1.25% or 0.180 points to end at 14.600 and Jollibee Foods Corp (PS:JFC) was up 1.17% or 3.00 points to 258.80 in late trade.
Biggest losers included Aboitiz Power Corp (PS:AP), which lost 3.38% or 1.40 points to trade at 40.00 in late trade. Ayala Corp (PS:AC) declined 2.72% or 28.00 points to end at 1000.00 and Metro Pacific Investments Corp (PS:MPI) shed 2.67% or 0.180 points to 6.570.
Declining stocks outnumbered rising ones by 121 to 74 and 38 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for December delivery was up 0.04% or 0.51 to $1278.21 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.22% or 0.12 to hit $55.45 a barrel, while the January Brent oil contract rose 0.34% or 0.21 to trade at $62.08 a barrel.
CNY/PHP was down 0.20% to 7.6568, while USD/PHP fell 0.50% to 50.785.
The US Dollar Index Futures was up 0.05% at 93.77.