Investing.com – Philippines stocks were lower after the close on Friday, as losses in the Holding Firms, Banking & Financials and Services sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.76%.
The best performers of the session on the PSEi Composite were Philex Mining (PS:PX), which rose 2.08% or 0.110 points to trade at 5.400 at the close. Meanwhile, Semirara Minin (PS:SCC) added 0.87% or 1.0000 points to end at 116.2000 and Energy Develop (PS:EDC) was up 0.57% or 0.040 points to 7.180 in late trade.
The worst performers of the session were Lt Group (PS:LTG), which fell 3.23% or 0.500 points to trade at 15.160 at the close. Gt Capital Hol (PS:GTCAP) declined 2.94% or 42.000 points to end at 1388.000 and Megaworld Corp (PS:MEG) was down 2.52% or 0.120 points to 4.650.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 121 to 66 and 17 ended unchanged.
Gold for December delivery was up 0.14% or 1.50 to $1091.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.62% or 0.28 to hit $44.94 a barrel, while the September Brent oil contract rose 0.57% or 0.28 to trade at $49.80 a barrel.
CNY/PHP was down 0.08% to 7.3666, while USD/PHP fell 0.08% to 45.745.
The US Dollar Index was down 0.01% at 97.87.