Investing.com – Philippines stocks were lower after the close on Thursday, as losses in the Services, Banking & Financials and Industrials sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.40%.
The best performers of the session on the PSEi Composite were Ayala Land (PS:ALI), which rose 2.37% or 0.800 points to trade at 34.600 at the close. Meanwhile, Manila Electri (PS:MER) added 1.71% or 5.400 points to end at 320.600 and Aboitiz Equity (PS:AEV) was up 1.59% or 0.900 points to 57.600 in late trade.
The worst performers of the session were Bloomberry Res (PS:BLOOM), which fell 5.00% or 0.240 points to trade at 4.560 at the close. Globe Telecom (PS:GLO) declined 4.11% or 79.000 points to end at 1841.000 and First Gen (PS:FGEN) was down 3.14% or 0.75 points to 23.10.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 114 to 53 and 28 ended unchanged.
Shares in Bloomberry Res (PS:BLOOM) fell to 3-years lows; falling 5.00% or 0.240 to 4.560.
Gold for February delivery was down 0.34% or 3.70 to $1072.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.90% or 0.34 to hit $37.49 a barrel, while the January Brent oil contract rose 0.77% or 0.31 to trade at $40.60 a barrel.
CNY/PHP was down 0.08% to 7.3376, while USD/PHP rose 0.06% to 47.235.
The US Dollar Index was up 0.33% at 97.65.