Investing.com – Philippines equities were lower at the close on Friday, as losses in the Services, Property and Industrials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.36% to hit a new 6-month low.
The biggest gainers of the session on the PSEi Composite were Jollibee Foods Corp (PS:JFC), which rose 2.75% or 5.100 points to trade at 190.600 at the close. Security Bank Corp (PS:SECB) added 2.56% or 5.00 points to end at 200.00 and Robinsons Land Corp (PS:RLC) was up 1.63% or 0.400 points to 24.950 in late trade.
Biggest losers included Metro Pacific Investments Corp (PS:MPI), which lost 3.07% or 0.190 points to trade at 5.990 in late trade. Alliance Global Group Inc (PS:AGI) declined 2.38% or 0.300 points to end at 12.300 and Aboitiz Power Corp (PS:AP) shed 2.35% or 1.00 points to 41.50.
Declining stocks outnumbered rising ones by 101 to 67 and 48 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for February delivery was up 0.21% or 2.35 to $1133.05 a troy ounce. Meanwhile, Crude oil for delivery in February fell 0.87% or 0.46 to hit $52.49 a barrel, while the February Brent oil contract fell 0.74% or 0.41 to trade at $54.64 a barrel.
CNY/PHP was down 0.22% to 7.1605, while USD/PHP fell 0.23% to 49.763.
The US Dollar Index was down 0.03% at 103.04.