Investing.com – Philippines equities were lower at the close on Thursday, as losses in the Mining & Oil, Banking & Financials and Holding Firms sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.02% to hit a new 6-month high.
The biggest gainers of the session on the PSEi Composite were Megaworld Corp (PS:MEG), which rose 2.94% or 0.130 points to trade at 4.550 at the close. Universal Robina Corp (PS:URC) added 1.85% or 3.00 points to end at 165.00 and GT Capital Holdings Inc (PS:GTCAP) was up 1.56% or 19.00 points to 1239.00 in late trade.
Biggest losers included Robinsons Land Corp (PS:RLC), which lost 3.73% or 0.950 points to trade at 24.500 in late trade. DMCI Holdings Inc (PS:DMC) declined 2.42% or 0.360 points to end at 14.540 and Metropolitan Bank and Trust Co (PS:MBT) shed 2.05% or 1.80 points to 86.20.
Declining stocks outnumbered rising ones by 96 to 90 and 58 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for August delivery was down 0.96% or 12.26 to $1263.64 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.16% or 0.07 to hit $44.80 a barrel, while the August Brent oil contract rose 0.40% or 0.19 to trade at $47.19 a barrel.
CNY/PHP was up 0.32% to 7.3127, while USD/PHP rose 0.36% to 49.690.
The US Dollar Index Futures was up 0.21% at 97.11.