Investing.com – Philippines equities were lower at the close on Friday, as losses in the Holding Firms, Banking & Financials and Industrials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 0.05% to hit a new 1-month low.
The biggest gainers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 3.50% or 0.200 points to trade at 5.910 at the close. International Container Terminal Services Inc (PS:ICT) added 1.88% or 1.200 points to end at 65.000 and Ayala Land Inc (PS:ALI) was up 1.17% or 0.400 points to 34.650 in late trade.
Biggest losers included Metro Pacific Investments Corp (PS:MPI), which lost 2.52% or 0.150 points to trade at 5.800 in late trade. Metropolitan Bank and Trust Co (PS:MBT) declined 1.81% or 1.50 points to end at 81.25 and First Gen Corp (PS:FGEN) shed 1.70% or 0.35 points to 20.25.
Declining stocks outnumbered rising ones by 110 to 60 and 52 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was up 0.92% or 11.65 to $1278.05 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.72% or 0.33 to hit $46.36 a barrel, while the July Brent oil contract rose 0.50% or 0.24 to trade at $48.01 a barrel.
CNY/PHP was up 0.22% to 7.2369, while USD/PHP rose 0.35% to 46.925.
The US Dollar Index was down 0.33% at 93.42.