Investing.com – Philippines equities were lower at the close on Tuesday, as losses in the Services, Mining & Oil and Banking & Financials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.42% to hit a new 1-month low.
The biggest gainers of the session on the PSEi Composite were Jollibee Foods Corp (PS:JFC), which rose 4.24% or 10.000 points to trade at 246.000 at the close. Energy Development Corp (PS:EDC) added 2.24% or 0.130 points to end at 5.930 and Robinsons Land Corp (PS:RLC) was up 1.50% or 0.450 points to 30.450 in late trade.
Biggest losers included Metro Pacific Investments Corp (PS:MPI), which lost 3.57% or 0.250 points to trade at 6.750 in late trade. JG Summit Holdings Inc (PS:JGS) declined 2.93% or 2.200 points to end at 73.000 and PLDT Inc (PS:TEL) shed 2.78% or 50.00 points to 1750.00.
Declining stocks outnumbered rising ones by 130 to 65 and 47 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was up 0.64% or 8.55 to $1334.15 a troy ounce. Meanwhile, Crude oil for delivery in October fell 2.16% or 1.00 to hit $45.29 a barrel, while the November Brent oil contract fell 1.82% or 0.88 to trade at $47.44 a barrel.
CNY/PHP was up 0.49% to 7.1310, while USD/PHP rose 0.41% to 47.635.
The US Dollar Index was up 0.06% at 95.18.