Investing.com – Philippines equities were lower at the close on Friday, as losses in the Banking & Financials, Property and Industrials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 0.56% to hit a new 1-month low.
The biggest gainers of the session on the PSEi Composite were Metro Pacific Investments Corp (PS:MPI), which rose 2.13% or 0.120 points to trade at 5.750 at the close. Semirara Mining Corp (PS:SCC) added 1.77% or 0.65 points to end at 37.30 and LT Group Inc (PS:LTG) was up 1.75% or 0.400 points to 23.250 in late trade.
Biggest losers included Security Bank Corp (PS:SECB), which lost 2.98% or 7.60 points to trade at 247.40 in late trade. JG Summit Holdings Inc (PS:JGS) declined 2.75% or 2.050 points to end at 72.500 and San Miguel Corp (PS:SMC) shed 2.08% or 3.00 points to 141.00.
Declining stocks outnumbered rising ones by 121 to 91 and 39 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for April delivery was down 0.17% or 2.30 to $1330.40 a troy ounce. Meanwhile, Crude oil for delivery in April fell 0.18% or 0.11 to hit $62.66 a barrel, while the April Brent oil contract fell 0.27% or 0.18 to trade at $66.21 a barrel.
CNY/PHP was up 0.19% to 8.1886, while USD/PHP fell 0.43% to 51.896.
The US Dollar Index Futures was up 0.18% at 89.82.