Investing.com – Philippines stocks were lower after the close on Tuesday, as losses in the Property, Banking & Financials and Holding Firms sectors led shares lower.
At the close in Philippines, the PSEi Composite lost 1.89%.
The best performers of the session on the PSEi Composite were Philex Mining (PS:PX), which rose 15.46% or 0.750 points to trade at 5.600 at the close. Meanwhile, Manila Electri (PS:MER) added 0.70% or 2.200 points to end at 315.000 and Aboitiz Equity (PS:AEV) was up 0.17% or 0.100 points to 57.800 in late trade.
The worst performers of the session were Bdo Unibank (PS:BDO), which fell 4.75% or 4.80 points to trade at 96.20 at the close. Megaworld Corp (PS:MEG) declined 4.44% or 0.160 points to end at 3.440 and Ayala Land (PS:ALI) was down 3.58% or 1.150 points to 31.000.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 112 to 57 and 25 ended unchanged.
Gold for April delivery was down 0.41% or 4.90 to $1193.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 2.31% or 0.69 to hit $30.38 a barrel, while the April Brent oil contract rose 1.34% or 0.44 to trade at $33.32 a barrel.
CNY/PHP was down 0.36% to 7.2491, while USD/PHP fell 0.37% to 47.648.
The US Dollar Index was down 0.09% at 96.67.