Investing.com – Philippines stocks were lower after the close on Tuesday, as losses in the Property, Holding Firms and Mining & Oil sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 0.66% to hit a new 52-week low.
The best performers of the session on the PSEi Composite were First Gen (PS:FGEN), which rose 2.05% or 0.45 points to trade at 22.45 at the close. Meanwhile, Bdo Unibank (PS:BDO) added 2.04% or 2.00 points to end at 100.00 and Globe Telecom (PS:GLO) was up 1.71% or 30.000 points to 1750.000 in late trade.
The worst performers of the session were Gt Capital Hol (PS:GTCAP), which fell 3.70% or 48.000 points to trade at 1251.000 at the close. Jg Summit (PS:JGS) declined 2.51% or 1.800 points to end at 70.000 and Universal Robi (PS:URC) was down 1.95% or 3.500 points to 176.300.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 84 to 57 and 10 ended unchanged.
Shares in Universal Robi (PS:URC) fell to 52-week lows; down 1.95% or 3.500 to 176.300.
Gold for February delivery was down 0.19% or 2.00 to $1061.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.23% or 0.09 to hit $36.23 a barrel, while the February Brent oil contract rose 0.26% or 0.10 to trade at $38.10 a barrel.
CNY/PHP was down 0.22% to 7.3311, while USD/PHP fell 0.15% to 47.383.
The US Dollar Index was down 0.32% at 97.42.