Investing.com – Philippines equities were lower at the close on Thursday, as losses in the Holding Firms, Property and Banking & Financials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite lost 1.17%.
The biggest gainers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 4.64% or 0.320 points to trade at 7.220 at the close. Alliance Global Group Inc (PS:AGI) added 1.63% or 0.240 points to end at 15.000 and First Gen Corp (PS:FGEN) was up 1.42% or 0.30 points to 21.50 in late trade.
Biggest losers included JG Summit Holdings Inc (PS:JGS), which lost 9.65% or 8.800 points to trade at 82.400 in late trade. Metro Pacific Investments Corp (PS:MPI) declined 2.59% or 0.160 points to end at 6.020 and Bloomberry Resorts Corp (PS:BLOOM) shed 2.12% or 0.090 points to 4.160.
Declining stocks outnumbered rising ones by 105 to 66 and 54 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was up 0.22% or 2.70 to $1226.50 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.44% or 0.22 to hit $49.78 a barrel, while the July Brent oil contract rose 0.56% or 0.28 to trade at $50.02 a barrel.
CNY/PHP was down 0.28% to 7.1190, while USD/PHP fell 0.17% to 46.708.
The US Dollar Index was down 0.16% at 95.25.