Investing.com – Philippines equities were lower at the close on Thursday, as losses in the Industrials, Property and Mining & Oil sectors propelled shares lower.
At the close in Philippines, the PSEi Composite lost 0.74% to hit a new 1-month low.
The biggest gainers of the session on the PSEi Composite were Globe Telecom (PS:GLO), which rose 2.15% or 56.000 points to trade at 2656.000 at the close. Sm Investment (PS:SM) added 1.50% or 13.500 points to end at 914.500 and Megaworld Corp (PS:MEG) was up 1.33% or 0.060 points to 4.550 in late trade.
Biggest losers included Bloomberry Res (PS:BLOOM), which lost 10.73% or 0.960 points to trade at 7.980 in late trade. Energy Develop (PS:EDC) declined 4.02% or 0.280 points to end at 6.650 and Sm Prime Hldgs (PS:SMPH) shed 3.68% or 0.800 points to 20.950.
Declining stocks outnumbered rising ones by 113 to 64 and 15 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was down 0.55% or 6.20 to $1117.40 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.33% or 0.14 to hit $43.45 a barrel, while the October Brent oil contract rose 0.82% or 0.41 to trade at $50.59 a barrel.
CNY/PHP was down 0.08% to 7.2274, while USD/PHP rose 0.06% to 46.225.
The US Dollar Index was up 0.31% at 96.58.