Investing.com – Philippines equities were lower at the close on Tuesday, as losses in the Holding Firms, Property and Banking & Financials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite lost 1.25%.
The biggest gainers of the session on the PSEi Composite were International Container Terminal Services Inc (PS:ICT), which rose 3.16% or 1.900 points to trade at 62.000 at the close. Petron Corp (PS:PCOR) added 1.08% or 0.120 points to end at 11.180 and Philex Mining Corp (PS:PX) was up 0.81% or 0.070 points to 8.700 in late trade.
Biggest losers included DMCI Holdings Inc (PS:DMC), which lost 3.79% or 0.500 points to trade at 12.700 in late trade. Metropolitan Bank and Trust Co (PS:MBT) declined 3.49% or 3.05 points to end at 84.45 and SM Investments Corp (PS:SM) shed 3.14% or 31.000 points to 956.000.
Declining stocks outnumbered rising ones by 129 to 48 and 35 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was down 0.36% or 4.60 to $1282.30 a troy ounce. Meanwhile, Crude oil for delivery in July fell 1.51% or 0.74 to hit $48.14 a barrel, while the August Brent oil contract fell 1.31% or 0.66 to trade at $49.69 a barrel.
CNY/PHP was up 0.22% to 7.0269, while USD/PHP rose 0.29% to 46.310.
The US Dollar Index was up 0.33% at 94.73.