Investing.com – Philippines equities were lower at the close on Tuesday, as losses in the Mining & Oil, Services and Holding Firms 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 Petron (PS:PCOR), which rose 1.96% or 0.190 points to trade at 9.880 at the close. Ayala Land (PS:ALI) added 1.64% or 0.650 points to end at 40.300 and First Gen (PS:FGEN) was up 0.19% or 0.05 points to 26.70 in late trade.
Biggest losers included Megaworld Corp (PS:MEG), which lost 3.80% or 0.190 points to trade at 4.810 in late trade. Lt Group (PS:LTG) declined 3.38% or 0.480 points to end at 13.720 and Philex Mining (PS:PX) shed 2.93% or 0.190 points to 6.300.
Declining stocks outnumbered rising ones by 165 to 37 and 10 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was down 0.73% or 8.80 to $1196.10 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.69% or 0.41 to hit $59.30 a barrel, while the July Brent oil contract fell 0.79% or 0.52 to trade at $65.00 a barrel.
CNY/PHP was up 0.26% to 7.2117, while USD/PHP rose 0.28% to 44.735.
The US Dollar Index was up 0.72% at 97.16.