Investing.com – Philippines equities were lower at the close on Friday, as losses in the Holding Firms, Services and Mining & Oil sectors propelled shares lower.
At the close in Philippines, the PSEi Composite lost 0.11% to hit a new 1-month low.
The biggest gainers of the session on the PSEi Composite were Megaworld Corp (PS:MEG), which rose 3.64% or 0.130 points to trade at 3.700 at the close. Bloomberry Resorts Corp (PS:BLOOM) added 2.00% or 0.080 points to end at 4.080 and GT Capital Holdings Inc (PS:GTCAP) was up 1.34% or 18.000 points to 1363.000 in late trade.
Biggest losers included San Miguel Corp (PS:SMC), which lost 2.26% or 1.550 points to trade at 66.950 in late trade. Petron Corp (PS:PCOR) declined 1.32% or 0.140 points to end at 10.500 and Philippine Long Distance Telephone Company (PS:TEL) shed 1.25% or 21.00 points to 1660.00.
Declining stocks outnumbered rising ones by 91 to 81 and 46 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was up 0.62% or 7.95 to $1280.25 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.83% or 0.37 to hit $43.95 a barrel, while the July Brent oil contract fell 0.78% or 0.35 to trade at $44.66 a barrel.
CNY/PHP was down 0.19% to 7.2487, while USD/PHP fell 0.22% to 47.125.
The US Dollar Index was down 0.12% at 93.62.