Investing.com – Philippines equities were lower at the close on Friday, as losses in the Holding Firms, Property and Industrials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 1.78% to hit a new 6-month low.
The biggest gainers of the session on the PSEi Composite were Metropolitan Bank and Trust Co (PS:MBT), which rose 2.14% or 1.75 points to trade at 83.55 at the close. Emperador Inc (PS:EMP) added 0.41% or 0.030 points to end at 7.410 and San Miguel Corp (PS:SMC) was up 0.35% or 0.50 points to 142.90 in late trade.
Biggest losers included SM Investments Corp (PS:SM), which lost 4.86% or 48.00 points to trade at 940.00 in late trade. Metro Pacific Investments Corp (PS:MPI) declined 4.27% or 0.220 points to end at 4.930 and LT Group Inc (PS:LTG) shed 3.61% or 0.700 points to 18.700.
Declining stocks outnumbered rising ones by 132 to 76 and 43 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for June delivery was up 0.18% or 2.40 to $1344.30 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.67% or 0.45 to hit $67.52 a barrel, while the June Brent oil contract rose 0.64% or 0.46 to trade at $72.48 a barrel.
CNY/PHP was up 0.01% to 8.2724, while USD/PHP fell 0.12% to 51.985.
The US Dollar Index Futures was down 0.09% at 89.41.