Investing.com – Philippines equities were lower at the close on Friday, as losses in the Property, Holding Firms and Industrials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 1.64% 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 0.51% or 5.00 points to trade at 985.00 at the close. Security Bank Corp (PS:SECB) added 0.41% or 1.00 points to end at 245.00 and Emperador Inc (PS:EMP) was unchanged 0.00% or 0.000 points to 7.500 in late trade.
Biggest losers included Aboitiz Equity Ventures Inc (PS:AEV), which lost 3.58% or 2.650 points to trade at 71.300 in late trade. Ayala Corp (PS:AC) declined 3.55% or 37.00 points to end at 1005.00 and Metro Pacific Investments Corp (PS:MPI) shed 3.28% or 0.210 points to 6.190.
Declining stocks outnumbered rising ones by 138 to 64 and 46 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for April delivery was down 0.20% or 2.70 to $1316.30 a troy ounce. Meanwhile, Crude oil for delivery in March fell 1.10% or 0.67 to hit $60.48 a barrel, while the April Brent oil contract fell 0.86% or 0.56 to trade at $64.25 a barrel.
CNY/PHP was down 0.03% to 8.1768, while USD/PHP fell 0.47% to 51.513.
The US Dollar Index Futures was down 0.07% at 90.13.