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 lost 1.90% to hit a new 3-month low.
The biggest gainers of the session on the PSEi Composite were Robinsons Land Corp (PS:RLC), which rose 1.21% or 0.250 points to trade at 20.850 at the close. Alliance Global Group Inc (PS:AGI) added 0.97% or 0.140 points to end at 14.520 and Megaworld Corp (PS:MEG) was up 0.42% or 0.020 points to 4.750 in late trade.
Biggest losers included SM Prime Holdings Inc (PS:SMPH), which lost 4.23% or 1.500 points to trade at 34.000 in late trade. Globe Telecom Inc (PS:GLO) declined 3.95% or 68.00 points to end at 1652.00 and SM Investments Corp (PS:SM) shed 3.90% or 37.00 points to 912.50.
Declining stocks outnumbered rising ones by 118 to 91 and 46 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for April delivery was down 0.13% or 1.70 to $1323.90 a troy ounce. Meanwhile, Crude oil for delivery in April rose 0.21% or 0.13 to hit $61.09 a barrel, while the May Brent oil contract rose 0.08% or 0.05 to trade at $64.94 a barrel.
CNY/PHP was down 0.13% to 8.2244, while USD/PHP fell 0.06% to 51.999.
The US Dollar Index Futures was down 0.04% at 89.71.