Investing.com – Philippines equities were lower at the close on Thursday, as losses in the Property, Holding Firms and Industrials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 0.93%.
The biggest gainers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 2.24% or 0.190 points to trade at 8.690 at the close. Bank of the Philippine Islands (PS:BPI) added 0.92% or 0.90 points to end at 98.60 and San Miguel Corp (PS:SMC) was up 0.79% or 0.650 points to 83.000 in late trade.
Biggest losers included Bloomberry Resorts Corp (PS:BLOOM), which lost 5.42% or 0.320 points to trade at 5.580 in late trade. JG Summit Holdings Inc (PS:JGS) declined 3.05% or 2.650 points to end at 84.250 and Aboitiz Equity Ventures Inc (PS:AEV) shed 2.68% or 2.150 points to 78.000.
Declining stocks outnumbered rising ones by 116 to 68 and 53 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was up 1.15% or 15.40 to $1349.90 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.26% or 0.11 to hit $42.03 a barrel, while the October Brent oil contract rose 0.02% or 0.01 to trade at $43.92 a barrel.
CNY/PHP was up 0.02% to 7.0776, while USD/PHP fell 0.24% to 47.095.
The US Dollar Index was down 0.40% at 96.36.