Investing.com – Philippines equities were lower at the close on Tuesday, as losses in the Property, Mining & Oil and Banking & Financials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 2.16% to hit a new 3-month low.
The biggest gainers of the session on the PSEi Composite were Sm Investment (PS:SM), which fell 0.23% or 2.000 points to trade at 874.000 at the close. Jollibee Foods (PS:JFC) fell 0.26% or 0.500 points to end at 195.500 and Universal Robi (PS:URC) was down 0.27% or 0.500 points to 184.000 in late trade.
Biggest losers included Semirara Minin (PS:SCC), which lost 5.17% or 7.5000 points to trade at 137.5000 in late trade. Ayala Land (PS:ALI) declined 4.52% or 1.750 points to end at 37.000 and Bloomberry Res (PS:BLOOM) shed 4.29% or 0.390 points to 8.710.
Declining stocks outnumbered rising ones by 153 to 28 and 17 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was up 0.34% or 4.00 to $1177.60 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.90% or 0.53 to hit $58.66 a barrel, while the July Brent oil contract rose 1.05% or 0.66 to trade at $63.35 a barrel.
CNY/PHP was down 0.16% to 7.2559, while USD/PHP fell 0.15% to 45.030.
The US Dollar Index was down 0.06% at 95.17.