Investing.com – Philippines equities were lower at the close on Friday, as losses in the Property, Holding Firms and Banking & Financials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.80%.
The biggest gainers of the session on the PSEi Composite were PLDT Inc (PS:TEL), which rose 2.17% or 28.00 points to trade at 1319.00 at the close. Universal Robina Corp (PS:URC) added 0.85% or 1.10 points to end at 131.00 and Aboitiz Equity Ventures Inc (PS:AEV) was up 0.79% or 0.500 points to 64.000 in late trade.
Biggest losers included Metropolitan Bank and Trust Co (PS:MBT), which lost 3.09% or 2.55 points to trade at 80.00 in late trade. Metro Pacific Investments Corp (PS:MPI) declined 2.91% or 0.150 points to end at 5.010 and Ayala Land Inc (PS:ALI) shed 2.39% or 1.000 points to 40.800.
Declining stocks outnumbered rising ones by 114 to 82 and 40 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for August delivery was down 0.05% or 0.60 to $1302.40 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.47% or 0.31 to hit $65.64 a barrel, while the August Brent oil contract fell 0.52% or 0.40 to trade at $76.92 a barrel.
CNY/PHP was up 0.53% to 8.2212, while USD/PHP rose 0.17% to 52.718.
The US Dollar Index Futures was up 0.22% at 93.64.