Investing.com – Philippines stocks were lower after the close on Friday, as losses in the Property, Industrials and Services sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.13%.
The best performers of the session on the PSEi Composite were Petron (PS:PCOR), which rose 7.45% or 0.530 points to trade at 7.640 at the close. Meanwhile, Philex Mining (PS:PX) added 3.04% or 0.180 points to end at 6.110 and Jg Summit (PS:JGS) was up 2.14% or 1.400 points to 66.900 in late trade.
The worst performers of the session were Sm Prime Hldgs (PS:SMPH), which fell 2.55% or 0.550 points to trade at 21.000 at the close. Intl Container (PS:ICT) declined 2.42% or 1.400 points to end at 56.500 and Megaworld Corp (PS:MEG) was down 2.35% or 0.080 points to 3.320.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 106 to 54 and 31 ended unchanged.
Gold for April delivery was down 0.55% or 6.90 to $1240.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 3.51% or 0.92 to hit $27.13 a barrel, while the April Brent oil contract rose 3.63% or 1.09 to trade at $31.15 a barrel.
CNY/PHP was down 0.22% to 7.2134, while USD/PHP fell 0.08% to 47.485.
The US Dollar Index was up 0.25% at 95.87.