Investing.com – Philippines equities were lower at the close on Thursday, as losses in the Services, Property and Holding Firms sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 1.26% to hit a new 3-month low.
The biggest gainers of the session on the PSEi Composite were GT Capital Holdings Inc (PS:GTCAP), which rose 2.06% or 27.000 points to trade at 1340.000 at the close. Manila Electric Co (PS:MER) added 1.45% or 4.000 points to end at 279.000 and DMCI Holdings Inc (PS:DMC) was up 0.66% or 0.080 points to 12.180 in late trade.
Biggest losers included PLDT Inc (PS:TEL), which lost 4.10% or 62.00 points to trade at 1450.00 in late trade. Ayala Land Inc (PS:ALI) declined 2.79% or 1.000 points to end at 34.900 and Robinsons Land Corp (PS:RLC) shed 2.67% or 0.800 points to 29.200.
Declining stocks outnumbered rising ones by 124 to 60 and 44 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was down 0.90% or 11.80 to $1296.40 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.40% or 0.18 to hit $45.52 a barrel, while the January Brent oil contract rose 0.55% or 0.26 to trade at $47.12 a barrel.
CNY/PHP was unchanged 0.00% to 7.1563, while USD/PHP fell 0.06% to 48.371.
The US Dollar Index was down 0.14% at 97.25.