Investing.com – Philippines equities were lower at the close on Friday, as losses in the Mining & Oil, Holding Firms and Property sectors propelled shares lower.
At the close in Philippines, the PSEi Composite lost 0.09% to hit a new 1-month low.
The biggest gainers of the session on the PSEi Composite were Energy Development Corp (PS:EDC), which rose 3.05% or 0.170 points to trade at 5.750 at the close. Universal Robina Corp (PS:URC) added 2.55% or 3.80 points to end at 153.00 and Metro Pacific Investments Corp (PS:MPI) was up 2.13% or 0.120 points to 5.750 in late trade.
Biggest losers included JG Summit Holdings Inc (PS:JGS), which lost 4.99% or 3.400 points to trade at 64.700 in late trade. DMCI Holdings Inc (PS:DMC) declined 3.50% or 0.480 points to end at 13.240 and LT Group Inc (PS:LTG) shed 3.13% or 0.700 points to 21.700.
Declining stocks outnumbered rising ones by 140 to 75 and 40 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for April delivery was up 0.97% or 12.70 to $1317.90 a troy ounce. Meanwhile, Crude oil for delivery in April fell 0.13% or 0.08 to hit $60.91 a barrel, while the May Brent oil contract rose 0.05% or 0.03 to trade at $63.86 a barrel.
CNY/PHP was up 0.15% to 8.1785, while USD/PHP fell 0.05% to 51.893.
The US Dollar Index Futures was down 0.08% at 90.15.