Investing.com – Philippines equities were lower at the close on Thursday, as losses in the Services, Industrials and Property sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.85%.
The biggest gainers of the session on the PSEi Composite were Petron Corp (PS:PCOR), which rose 1.79% or 0.160 points to trade at 9.110 at the close. San Miguel Corp (PS:SMC) added 0.92% or 1.00 points to end at 110.00 and LT Group Inc (PS:LTG) was unchanged 0.00% or 0.000 points to 15.960 in late trade.
Biggest losers included Globe Telecom Inc (PS:GLO), which lost 3.35% or 72.00 points to trade at 2078.00 in late trade. Robinsons Land Corp (PS:RLC) declined 2.47% or 0.650 points to end at 25.650 and Megaworld Corp (PS:MEG) shed 2.17% or 0.090 points to 4.060.
Declining stocks outnumbered rising ones by 122 to 71 and 53 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for June delivery was up 0.11% or 1.43 to $1265.63 a troy ounce. Meanwhile, Crude oil for delivery in June fell 1.01% or 0.50 to hit $49.12 a barrel, while the July Brent oil contract fell 1.01% or 0.53 to trade at $51.88 a barrel.
CNY/PHP was up 0.19% to 7.2598, while USD/PHP rose 0.32% to 50.035.
The US Dollar Index Futures was down 0.10% at 98.75.