Investing.com – Philippines equities were lower at the close on Tuesday, as losses in the Banking & Financials, Holding Firms and Industrials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 0.60%.
The biggest gainers of the session on the PSEi Composite were DMCI Holdings Inc (PS:DMC), which rose 1.29% or 0.180 points to trade at 14.100 at the close. Megaworld Corp (PS:MEG) added 1.09% or 0.050 points to end at 4.630 and Emperador Inc (PS:EMP) was up 0.88% or 0.060 points to 6.890 in late trade.
Biggest losers included Alliance Global Group Inc (PS:AGI), which lost 4.05% or 0.600 points to trade at 14.200 in late trade. Metro Pacific Investments Corp (PS:MPI) declined 2.36% or 0.150 points to end at 6.210 and Metropolitan Bank and Trust Co (PS:MBT) shed 1.96% or 1.75 points to 87.75.
Declining stocks outnumbered rising ones by 115 to 82 and 47 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for August delivery was up 0.73% or 9.33 to $1292.03 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.42% or 0.20 to hit $47.20 a barrel, while the August Brent oil contract fell 0.42% or 0.21 to trade at $49.26 a barrel.
CNY/PHP was up 0.47% to 7.2876, while USD/PHP rose 0.25% to 49.533.
The US Dollar Index Futures was down 0.11% at 96.66.