Investing.com – Philippines equities were lower at the close on Friday, as losses in the Industrials, Services and Property sectors propelled shares lower.
At the close in Philippines, the PSEi Composite lost 0.36%.
The biggest gainers of the session on the PSEi Composite were Robinsons Land (PS:RLC), which rose 2.84% or 0.800 points to trade at 29.000 at the close. Gt Capital Hol (PS:GTCAP) added 2.44% or 33.000 points to end at 1385.000 and Philex Mining (PS:PX) was up 2.14% or 0.140 points to 6.690 in late trade.
Biggest losers included Universal Robi (PS:URC), which lost 3.26% or 6.300 points to trade at 187.000 in late trade. San Miguel Cor (PS:SMC) declined 1.97% or 1.250 points to end at 62.150 and Sm Investment (PS:SM) shed 1.19% or 10.500 points to 874.500.
Declining stocks outnumbered rising ones by 86 to 76 and 24 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was down 0.04% or 0.50 to $1174.70 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.96% or 0.56 to hit $57.45 a barrel, while the July Brent oil contract fell 0.74% or 0.46 to trade at $61.57 a barrel.
CNY/PHP was down 0.13% to 7.2340, while USD/PHP fell 0.11% to 44.868.
The US Dollar Index was up 0.05% at 95.54.