Investing.com – Philippines equities were lower at the close on Thursday, as losses in the Property, Holding Firms and Industrials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 1.42% to hit a new 6-month low.
The biggest gainers of the session on the PSEi Composite were Bank of the Philippine Islands (PS:BPI), which rose 4.81% or 5.00 points to trade at 109.00 at the close. LT Group Inc (PS:LTG) added 1.33% or 0.240 points to end at 18.300 and Metropolitan Bank and Trust Co (PS:MBT) was up 1.27% or 1.05 points to 83.50 in late trade.
Biggest losers included Alliance Global Group Inc (PS:AGI), which lost 4.93% or 0.700 points to trade at 13.500 in late trade. Megaworld Corp (PS:MEG) declined 4.89% or 0.220 points to end at 4.280 and JG Summit Holdings Inc (PS:JGS) shed 3.92% or 2.450 points to 60.000.
Declining stocks outnumbered rising ones by 169 to 60 and 30 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for June delivery was up 0.07% or 0.90 to $1354.40 a troy ounce. Meanwhile, Crude oil for delivery in May rose 1.11% or 0.76 to hit $69.23 a barrel, while the June Brent oil contract rose 1.20% or 0.88 to trade at $74.36 a barrel.
CNY/PHP was down 0.07% to 8.2921, while USD/PHP rose 0.05% to 52.085.
The US Dollar Index Futures was up 0.08% at 89.42.