Investing.com – Philippines stocks were lower after the close on Friday, as losses in the Mining & Oil, Industrials and Services sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 0.17% to hit a new 1-month low.
The best performers of the session on the PSEi Composite were San Miguel Cor (PS:SMC), which rose 5.32% or 2.500 points to trade at 49.500 at the close. Meanwhile, Ayala Corp (PS:AC) added 4.12% or 30.000 points to end at 759.000 and Globe Telecom (PS:GLO) was up 3.15% or 64.000 points to 2096.000 in late trade.
The worst performers of the session were Manila Electri (PS:MER), which fell 7.69% or 25.000 points to trade at 300.000 at the close. Petron (PS:PCOR) declined 3.63% or 0.290 points to end at 7.700 and Philex Mining (PS:PX) was down 2.14% or 0.110 points to 5.030.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 131 to 51 and 17 ended unchanged.
Gold for December delivery was up 0.15% or 1.60 to $1082.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.40% or 0.17 to hit $41.91 a barrel, while the January Brent oil contract rose 1.17% or 0.53 to trade at $45.72 a barrel.
CNY/PHP was up 0.17% to 7.3902, while USD/PHP rose 0.23% to 47.100.
The US Dollar Index was up 0.36% at 98.92.