Investing.com – Philippines equities were lower at the close on Thursday, as losses in the Holding Firms, Banking & Financials and Industrials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite lost 2.60% to hit a new 52-week low.
The biggest gainers of the session on the PSEi Composite were LT Group Inc (PS:LTG), which rose 1.24% or 0.250 points to trade at 20.350 at the close. Petron Corp (PS:PCOR) unchanged 0.00% or 0.000 points to end at 9.280 and GT Capital Holdings Inc (PS:GTCAP) was unchanged 0.00% or 0.00 points to 1000.00 in late trade.
Biggest losers included Aboitiz Equity Ventures Inc (PS:AEV), which lost 6.94% or 4.700 points to trade at 63.000 in late trade. SM Investments Corp (PS:SM) declined 5.01% or 47.50 points to end at 900.00 and Metro Pacific Investments Corp (PS:MPI) shed 4.23% or 0.220 points to 4.980.
Declining stocks outnumbered rising ones by 128 to 50 and 52 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for June delivery was up 0.37% or 4.80 to $1310.40 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.31% or 0.21 to hit $68.14 a barrel, while the July Brent oil contract rose 0.23% or 0.17 to trade at $73.53 a barrel.
CNY/PHP was down 0.27% to 8.1423, while USD/PHP fell 0.45% to 51.730.
The US Dollar Index Futures was down 0.36% at 92.26.