Investing.com – Philippines equities were lower at the close on Thursday, as losses in the Mining & Oil, Property and Holding Firms sectors propelled shares lower.
At the close in Philippines, the PSEi Composite lost 1.42%.
The biggest gainers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 0.84% or 0.060 points to trade at 7.200 at the close. JG Summit Holdings Inc (PS:JGS) added 0.48% or 0.450 points to end at 93.250 and Aboitiz Equity Ventures Inc (PS:AEV) was up 0.21% or 0.150 points to 71.050 in late trade.
Biggest losers included Ayala Corp (PS:AC), which lost 4.05% or 34.000 points to trade at 806.000 in late trade. First Gen Corp (PS:FGEN) declined 3.82% or 0.85 points to end at 21.40 and SM Prime Holdings Inc (PS:SMPH) shed 3.59% or 0.900 points to 24.200.
Declining stocks outnumbered rising ones by 123 to 64 and 51 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was down 1.50% or 19.15 to $1255.25 a troy ounce. Meanwhile, Crude oil for delivery in June fell 1.85% or 0.89 to hit $47.30 a barrel, while the July Brent oil contract fell 2.00% or 0.98 to trade at $47.95 a barrel.
CNY/PHP was up 0.22% to 7.1565, while USD/PHP rose 0.31% to 46.835.
The US Dollar Index was down 0.01% at 95.19.