Investing.com – Philippines equities were lower at the close on Tuesday, as losses in the Banking & Financials, Services and Holding Firms sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 0.64% to hit a new 1-month low.
The biggest gainers of the session on the PSEi Composite were Universal Robina Corp (PS:URC), which rose 3.83% or 6.900 points to trade at 187.000 at the close. First Gen Corp (PS:FGEN) added 1.18% or 0.30 points to end at 25.65 and Bloomberry Resorts Corp (PS:BLOOM) was up 0.86% or 0.050 points to 5.850 in late trade.
Biggest losers included Megaworld Corp (PS:MEG), which lost 4.86% or 0.240 points to trade at 4.700 in late trade. Petron Corp (PS:PCOR) declined 4.55% or 0.500 points to end at 10.480 and Globe Telecom Inc (PS:GLO) shed 2.88% or 60.000 points to 2020.000.
Declining stocks outnumbered rising ones by 121 to 74 and 47 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was down 0.23% or 3.00 to $1324.10 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.62% or 0.29 to hit $47.27 a barrel, while the November Brent oil contract rose 0.36% or 0.18 to trade at $49.63 a barrel.
CNY/PHP was up 0.17% to 6.9552, while USD/PHP rose 0.18% to 46.455.
The US Dollar Index was up 0.22% at 95.74.