Investing.com – Philippines equities were lower at the close on Thursday, as losses in the Services, Industrials and Property sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.34%.
The biggest gainers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 6.44% or 0.460 points to trade at 7.600 at the close. Metro Pacific Investments Corp (PS:MPI) added 3.03% or 0.200 points to end at 6.800 and Megaworld Corp (PS:MEG) was up 2.19% or 0.100 points to 4.670 in late trade.
Biggest losers included Ayala Corp (PS:AC), which lost 2.64% or 23.000 points to trade at 847.000 in late trade. Philippine Long Distance Telephone Company (PS:TEL) declined 1.91% or 40.00 points to end at 2050.00 and Ayala Land Inc (PS:ALI) shed 1.64% or 0.650 points to 38.950.
Advancing stocks outnumbered falling ones by 97 to 96 and 46 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was up 0.09% or 1.20 to $1271.20 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.31% or 0.15 to hit $49.28 a barrel, while the August Brent oil contract rose 0.44% or 0.22 to trade at $50.10 a barrel.
CNY/PHP was up 0.18% to 7.0659, while USD/PHP fell 0.30% to 46.485.
The US Dollar Index was down 0.27% at 93.56.