Investing.com – Philippines equities were lower at the close on Tuesday, as losses in the Industrials, Services and Property sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.21% to hit a new 6-month low.
The biggest gainers of the session on the PSEi Composite were DMCI Holdings Inc (PS:DMC), which rose 6.38% or 0.780 points to trade at 13.000 at the close. Megaworld Corp (PS:MEG) added 2.70% or 0.100 points to end at 3.800 and Aboitiz Equity Ventures Inc (PS:AEV) was up 1.94% or 1.400 points to 73.600 in late trade.
Biggest losers included Jollibee Foods Corp (PS:JFC), which lost 9.96% or 23.000 points to trade at 208.000 in late trade. LT Group Inc (PS:LTG) declined 3.37% or 0.480 points to end at 13.780 and Metro Pacific Investments Corp (PS:MPI) shed 2.51% or 0.170 points to 6.610.
Declining stocks outnumbered rising ones by 108 to 74 and 43 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was up 0.64% or 7.85 to $1229.55 a troy ounce. Meanwhile, Crude oil for delivery in December rose 2.17% or 0.94 to hit $44.26 a barrel, while the January Brent oil contract rose 1.67% or 0.74 to trade at $45.17 a barrel.
CNY/PHP was up 0.04% to 7.1668, while USD/PHP fell 0.18% to 49.105.
The US Dollar Index was down 0.48% at 99.55.