Investing.com – Philippines equities were lower at the close on Friday, as losses in the Property, Industrials and Banking & Financials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 0.43%.
The biggest gainers of the session on the PSEi Composite were LT Group Inc (PS:LTG), which rose 3.56% or 0.530 points to trade at 15.420 at the close. PLDT Inc (PS:TEL) added 1.62% or 25.00 points to end at 1570.00 and Robinsons Land Corp (PS:RLC) was up 1.30% or 0.300 points to 23.300 in late trade.
Biggest losers included Ayala Land Inc (PS:ALI), which lost 2.95% or 1.050 points to trade at 34.500 in late trade. Megaworld Corp (PS:MEG) declined 2.79% or 0.100 points to end at 3.480 and Universal Robina Corp (PS:URC) shed 2.54% or 4.20 points to 161.00.
Declining stocks outnumbered rising ones by 89 to 89 and 51 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for April delivery was down 0.38% or 4.80 to $1242.40 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.44% or 0.21 to hit $47.91 a barrel, while the May Brent oil contract rose 0.28% or 0.14 to trade at $50.70 a barrel.
CNY/PHP was down 0.27% to 7.3011, while USD/PHP fell 0.13% to 50.255.
The US Dollar Index Futures was down 0.02% at 99.54.