Investing.com – Philippines equities were lower at the close on Friday, as losses in the Property, Banking & Financials and Holding Firms sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.64%.
The biggest gainers of the session on the PSEi Composite were LT Group Inc (PS:LTG), which rose 7.45% or 1.240 points to trade at 17.880 at the close. PLDT Inc (PS:TEL) added 1.18% or 20.00 points to end at 1720.00 and Manila Electric Co (PS:MER) was up 0.67% or 1.80 points to 269.80 in late trade.
Biggest losers included Metropolitan Bank and Trust Co (PS:MBT), which lost 2.44% or 2.30 points to trade at 92.00 in late trade. Megaworld Corp (PS:MEG) declined 2.12% or 0.100 points to end at 4.620 and Ayala Corp (PS:AC) shed 1.95% or 17.00 points to 853.00.
Declining stocks outnumbered rising ones by 104 to 94 and 54 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for August delivery was up 0.04% or 0.46 to $1217.76 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.11% or 0.05 to hit $46.03 a barrel, while the September Brent oil contract fell 0.04% or 0.02 to trade at $48.40 a barrel.
CNY/PHP was up 0.10% to 7.4618, while USD/PHP rose 0.08% to 50.615.
The US Dollar Index Futures was down 0.07% at 95.49.