Investing.com – Philippines equities were lower at the close on Thursday, as losses in the Property, Holding Firms and Services sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 1.20%.
The biggest gainers of the session on the PSEi Composite were GT Capital Holdings Inc (PS:GTCAP), which rose 4.92% or 68.00 points to trade at 1450.00 at the close. San Miguel Corp (PS:SMC) added 3.13% or 4.00 points to end at 132.00 and Petron Corp (PS:PCOR) was up 0.98% or 0.090 points to 9.300 in late trade.
Biggest losers included PLDT Inc (PS:TEL), which lost 3.45% or 50.00 points to trade at 1400.00 in late trade. Metro Pacific Investments Corp (PS:MPI) declined 3.22% or 0.220 points to end at 6.610 and Ayala Land Inc (PS:ALI) shed 2.85% or 1.300 points to 44.350.
Declining stocks outnumbered rising ones by 120 to 89 and 53 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for February delivery was down 0.14% or 1.90 to $1317.40 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.02% or 0.01 to hit $63.58 a barrel, while the March Brent oil contract fell 0.09% or 0.06 to trade at $69.14 a barrel.
CNY/PHP was down 0.21% to 7.7414, while USD/PHP rose 0.02% to 50.396.
The US Dollar Index Futures was up 0.17% at 92.27.