Investing.com – Philippines equities were lower at the close on Friday, as losses in the Banking & Financials, Property and Services sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.95%.
The biggest gainers of the session on the PSEi Composite were Alliance Global Group Inc (PS:AGI), which rose 1.84% or 0.300 points to trade at 16.580 at the close. San Miguel Corp (PS:SMC) added 1.78% or 1.450 points to end at 83.000 and Philex Mining Corp (PS:PX) was up 1.43% or 0.120 points to 8.540 in late trade.
Biggest losers included International Container Terminal Services Inc (PS:ICT), which lost 3.61% or 2.400 points to trade at 64.100 in late trade. Metropolitan Bank and Trust Co (PS:MBT) declined 2.99% or 2.90 points to end at 94.00 and SM Prime Holdings Inc (PS:SMPH) shed 2.90% or 0.900 points to 30.100.
Advancing stocks outnumbered falling ones by 107 to 92 and 43 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was down 0.42% or 5.65 to $1325.35 a troy ounce. Meanwhile, Crude oil for delivery in September fell 0.83% or 0.37 to hit $44.38 a barrel, while the September Brent oil contract fell 0.50% or 0.23 to trade at $45.97 a barrel.
CNY/PHP was down 0.04% to 7.0564, while USD/PHP fell 0.06% to 47.085.
The US Dollar Index was up 0.03% at 96.97.