Investing.com – Philippines equities were lower at the close on Thursday, as losses in the Banking & Financials, Mining & Oil and Holding Firms sectors propelled shares lower.
At the close in Philippines, the PSEi Composite lost 0.51%.
The biggest gainers of the session on the PSEi Composite were Ayala Corp (PS:AC), which rose 2.11% or 15.500 points to trade at 750.000 at the close. Universal Robina Corp (PS:URC) added 1.21% or 2.600 points to end at 216.800 and Globe Telecom Inc (PS:GLO) was up 1.19% or 26.000 points to 2220.000 in late trade.
Biggest losers included Bank of the Philippine Islands (PS:BPI), which lost 3.49% or 3.15 points to trade at 87.00 in late trade. Robinsons Land Corp (PS:RLC) declined 3.46% or 1.000 points to end at 27.900 and Alliance Global Group Inc (PS:AGI) shed 3.06% or 0.520 points to 16.500.
Declining stocks outnumbered rising ones by 108 to 93 and 37 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was up 0.36% or 4.40 to $1233.00 a troy ounce. Meanwhile, Crude oil for delivery in May fell 1.28% or 0.49 to hit $37.83 a barrel, while the June Brent oil contract fell 0.72% or 0.29 to trade at $39.76 a barrel.
CNY/PHP was up 0.25% to 7.1153, while USD/PHP rose 0.25% to 45.998.
The US Dollar Index was down 0.09% at 94.70.