Investing.com – Philippines equities were lower at the close on Tuesday, as losses in the Banking & Financials, Mining & Oil and Holding Firms sectors propelled shares lower.
At the close in Philippines, the PSEi Composite lost 1.87% to hit a new 6-month low.
The biggest gainers of the session on the PSEi Composite were Petron Corp (PS:PCOR), which rose 1.95% or 0.180 points to trade at 9.390 at the close. Aboitiz Equity Ventures Inc (PS:AEV) added 1.91% or 1.300 points to end at 69.500 and First Gen Corp (PS:FGEN) was up 0.86% or 0.14 points to 16.46 in late trade.
Biggest losers included Megaworld Corp (PS:MEG), which lost 4.97% or 0.230 points to trade at 4.400 in late trade. LT Group Inc (PS:LTG) declined 4.87% or 0.940 points to end at 18.360 and Universal Robina Corp (PS:URC) shed 4.62% or 6.60 points to 136.40.
Declining stocks outnumbered rising ones by 161 to 56 and 34 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for June delivery was down 0.42% or 5.70 to $1345.00 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.08% or 0.05 to hit $66.17 a barrel, while the June Brent oil contract fell 0.08% or 0.06 to trade at $71.36 a barrel.
CNY/PHP was up 0.37% to 8.2967, while USD/PHP rose 0.16% to 52.115.
The US Dollar Index Futures was down 0.10% at 89.05.