Investing.com – Philippines equities were lower at the close on Tuesday, as losses in the Services, Holding Firms and Property sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 2.14% to hit a new 6-month low.
The biggest gainers of the session on the PSEi Composite were SM Investments Corp (PS:SM), which rose 0.90% or 8.50 points to trade at 949.00 at the close. Energy Development Corp (PS:EDC) added 0.18% or 0.010 points to end at 5.720 and Universal Robina Corp (PS:URC) was down 0.66% or 1.00 points to 150.00 in late trade.
Biggest losers included Ayala Corp (PS:AC), which lost 7.23% or 73.00 points to trade at 937.00 in late trade. Robinsons Land Corp (PS:RLC) declined 5.76% or 1.180 points to end at 19.320 and Globe Telecom Inc (PS:GLO) shed 4.67% or 78.00 points to 1591.00.
Declining stocks outnumbered rising ones by 175 to 53 and 37 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for April delivery was down 0.29% or 3.80 to $1314.00 a troy ounce. Meanwhile, Crude oil for delivery in May rose 1.01% or 0.63 to hit $62.76 a barrel, while the May Brent oil contract rose 0.77% or 0.51 to trade at $66.56 a barrel.
CNY/PHP was down 0.10% to 8.2220, while USD/PHP fell 0.17% to 52.047.
The US Dollar Index Futures was up 0.02% at 89.49.