Investing.com – Philippines equities were lower at the close on Friday, as losses in the Property, Holding Firms and Mining & Oil sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.69%.
The biggest gainers of the session on the PSEi Composite were Aboitiz Power Corp (PS:AP), which rose 1.15% or 0.45 points to trade at 39.50 at the close. Universal Robina Corp (PS:URC) added 1.01% or 1.50 points to end at 150.00 and Metropolitan Bank and Trust Co (PS:MBT) was up 0.80% or 0.70 points to 87.80 in late trade.
Biggest losers included JG Summit Holdings Inc (PS:JGS), which lost 2.80% or 2.000 points to trade at 69.500 in late trade. Robinsons Land Corp (PS:RLC) declined 2.77% or 0.650 points to end at 22.850 and Semirara Mining Corp (PS:SCC) shed 2.69% or 4.70 points to 170.00.
Declining stocks outnumbered rising ones by 104 to 76 and 59 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for December delivery was up 0.48% or 6.25 to $1298.65 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.32% or 0.15 to hit $47.24 a barrel, while the October Brent oil contract rose 0.24% or 0.12 to trade at $51.15 a barrel.
CNY/PHP was up 0.10% to 7.7069, while USD/PHP rose 0.18% to 51.450.
The US Dollar Index Futures was down 0.18% at 93.47.