Investing.com – Philippines equities were lower at the close on Thursday, as losses in the Holding Firms, Services and Industrials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 0.25% to hit a new 1-month low.
The biggest gainers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 4.01% or 0.220 points to trade at 5.710 at the close. Metro Pacific Investments Corp (PS:MPI) added 2.59% or 0.150 points to end at 5.950 and Bloomberry Resorts Corp (PS:BLOOM) was up 2.39% or 0.100 points to 4.290 in late trade.
Biggest losers included Alliance Global Group Inc (PS:AGI), which lost 4.86% or 0.740 points to trade at 14.500 in late trade. JG Summit Holdings Inc (PS:JGS) declined 2.40% or 2.000 points to end at 81.500 and San Miguel Corp (PS:SMC) shed 2.07% or 1.400 points to 66.300.
Advancing stocks outnumbered falling ones by 107 to 68 and 54 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was up 0.61% or 7.65 to $1258.05 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.02% or 0.01 to hit $45.34 a barrel, while the July Brent oil contract rose 0.17% or 0.08 to trade at $47.01 a barrel.
CNY/PHP was up 0.30% to 7.2256, while USD/PHP fell 0.05% to 46.766.
The US Dollar Index was down 0.69% at 93.73.