Investing.com – Philippines equities were lower at the close on Tuesday, as losses in the Services, Holding Firms and Mining & Oil sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.83% to hit a new 6-month low.
The biggest gainers of the session on the PSEi Composite were Megaworld Corp (PS:MEG), which rose 4.55% or 0.150 points to trade at 3.450 at the close. San Miguel Corp (PS:SMC) added 4.21% or 4.000 points to end at 99.000 and First Gen Corp (PS:FGEN) was up 1.56% or 0.35 points to 22.75 in late trade.
Biggest losers included Petron Corp (PS:PCOR), which lost 4.09% or 0.420 points to trade at 9.840 in late trade. PLDT Inc (PS:TEL) declined 3.70% or 50.00 points to end at 1300.00 and BDO Unibank Inc (PS:BDO) shed 2.69% or 2.90 points to 105.10.
Declining stocks outnumbered rising ones by 126 to 52 and 44 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for February delivery was down 0.75% or 8.55 to $1134.15 a troy ounce. Meanwhile, Crude oil for delivery in February fell 0.08% or 0.04 to hit $53.02 a barrel, while the February Brent oil contract rose 0.05% or 0.03 to trade at $54.95 a barrel.
CNY/PHP was up 0.28% to 7.1962, while USD/PHP rose 0.08% to 50.020.
The US Dollar Index was up 0.30% at 103.38.