Investing.com – Philippines equities were lower at the close on Friday, as losses in the Mining & Oil, Property and Banking & Financials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 0.49%.
The biggest gainers of the session on the PSEi Composite were Globe Telecom Inc (PS:GLO), which rose 1.99% or 42.000 points to trade at 2154.000 at the close. Bank of the Philippine Islands (PS:BPI) added 0.28% or 0.25 points to end at 90.00 and Ayala Corp (PS:AC) was up 0.26% or 2.000 points to 782.000 in late trade.
Biggest losers included First Gen Corp (PS:FGEN), which lost 4.00% or 0.90 points to trade at 21.60 in late trade. Megaworld Corp (PS:MEG) declined 2.66% or 0.110 points to end at 4.020 and Metro Pacific Investments Corp (PS:MPI) shed 2.44% or 0.150 points to 5.990.
Declining stocks outnumbered rising ones by 126 to 69 and 43 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was up 0.46% or 5.60 to $1232.10 a troy ounce. Meanwhile, Crude oil for delivery in May fell 1.20% or 0.50 to hit $41.00 a barrel, while the June Brent oil contract fell 1.16% or 0.51 to trade at $43.33 a barrel.
CNY/PHP was down 0.10% to 7.1074, while USD/PHP fell 0.11% to 46.070.
The US Dollar Index was down 0.01% at 94.93.