Investing.com – Philippines equities were lower at the close on Thursday, as losses in the Holding Firms, Banking & Financials and Property sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 2.41%.
The biggest gainers of the session on the PSEi Composite were Bloomberry Resorts Corp (PS:BLOOM), which rose 8.13% or 0.390 points to trade at 5.190 at the close. Philex Mining Corp (PS:PX) added 5.20% or 0.390 points to end at 7.890 and Megaworld Corp (PS:MEG) was up 1.12% or 0.050 points to 4.500 in late trade.
Biggest losers included International Container Terminal Services Inc (PS:ICT), which lost 4.96% or 3.200 points to trade at 61.300 in late trade. SM Prime Holdings Inc (PS:SMPH) declined 4.46% or 1.150 points to end at 24.650 and Metro Pacific Investments Corp (PS:MPI) shed 4.25% or 0.280 points to 6.310.
Declining stocks outnumbered rising ones by 120 to 74 and 44 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was down 0.01% or 0.10 to $1262.20 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.14% or 0.07 to hit $51.16 a barrel, while the August Brent oil contract fell 0.34% or 0.18 to trade at $52.33 a barrel.
CNY/PHP was up 0.24% to 7.0075, while USD/PHP rose 0.23% to 45.983.
The US Dollar Index was up 0.15% at 93.73.