Investing.com – Philippines stocks were lower after the close on Thursday, as losses in the Services, Industrials and Property sectors led shares lower.
At the close in Philippines, the PSEi Composite lost 0.70%.
The best performers of the session on the PSEi Composite were Bdo Unibank (PS:BDO), which rose 2.43% or 2.30 points to trade at 96.95 at the close. Meanwhile, Manila Electri (PS:MER) added 2.24% or 6.200 points to end at 283.000 and Aboitiz Equity (PS:AEV) was up 1.31% or 0.750 points to 58.000 in late trade.
The worst performers of the session were Energy Develop (PS:EDC), which fell 4.72% or 0.260 points to trade at 5.250 at the close. First Gen (PS:FGEN) declined 4.06% or 0.95 points to end at 22.45 and Phi Long Dis T (PS:TEL) was down 3.60% or 86.00 points to 2306.00.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 109 to 64 and 18 ended unchanged.
Shares in Energy Develop (PS:EDC) fell to 52-week lows; falling 4.72% or 0.260 to 5.250. Shares in Phi Long Dis T (PS:TEL) fell to 3-years lows; down 3.60% or 86.00 to 2306.00.
Gold for December delivery was up 0.43% or 4.70 to $1106.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.51% or 0.23 to hit $44.38 a barrel, while the October Brent oil contract rose 0.18% or 0.09 to trade at $47.66 a barrel.
CNY/PHP was down 0.07% to 7.3527, while USD/PHP fell 0.05% to 46.904.
The US Dollar Index was up 0.07% at 96.03.