Investing.com – Philippines equities were lower at the close on Tuesday, as losses in the Services, Industrials and Holding Firms sectors propelled shares lower.
At the close in Philippines, the PSEi Composite lost 1.46%.
The biggest gainers of the session on the PSEi Composite were Metro Pacific Investments Corp (PS:MPI), which rose 2.56% or 0.170 points to trade at 6.820 at the close. Metropolitan Bank and Trust Co (PS:MBT) unchanged 0.00% or 0.00 points to end at 81.50 and Aboitiz Equity Ventures Inc (PS:AEV) was unchanged 0.00% or 0.000 points to 74.300 in late trade.
Biggest losers included Globe Telecom Inc (PS:GLO), which lost 4.12% or 74.000 points to trade at 1720.000 in late trade. Robinsons Land Corp (PS:RLC) declined 3.65% or 0.950 points to end at 25.100 and GT Capital Holdings Inc (PS:GTCAP) shed 3.41% or 46.000 points to 1304.000.
Declining stocks outnumbered rising ones by 124 to 65 and 45 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for April delivery was up 0.38% or 4.55 to $1200.55 a troy ounce. Meanwhile, Crude oil for delivery in March fell 0.48% or 0.25 to hit $52.38 a barrel, while the April Brent oil contract fell 0.33% or 0.18 to trade at $55.14 a barrel.
CNY/PHP was up 0.05% to 7.2322, while USD/PHP fell 0.09% to 49.770.
The US Dollar Index Futures was down 0.13% at 100.29.