Investing.com – Philippines equities were lower at the close on Friday, as losses in the Services, Mining & Oil and Holding Firms sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 0.24%.
The biggest gainers of the session on the PSEi Composite were Bank of the Philippine Islands (PS:BPI), which rose 1.90% or 1.65 points to trade at 88.65 at the close. First Gen Corp (PS:FGEN) added 1.58% or 0.35 points to end at 22.50 and SM Investments Corp (PS:SM) was up 1.11% or 10.500 points to 960.000 in late trade.
Biggest losers included Globe Telecom Inc (PS:GLO), which lost 5.77% or 128.000 points to trade at 2092.000 in late trade. Philippine Long Distance Telephone Company (PS:TEL) declined 3.03% or 60.00 points to end at 1920.00 and DMCI Holdings Inc (PS:DMC) shed 2.99% or 0.400 points to 13.000.
Declining stocks outnumbered rising ones by 103 to 89 and 44 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was down 0.06% or 0.80 to $1234.80 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.29% or 0.11 to hit $38.23 a barrel, while the June Brent oil contract fell 0.10% or 0.04 to trade at $40.29 a barrel.
CNY/PHP was down 0.07% to 7.1175, while USD/PHP rose 0.17% to 46.013.
The US Dollar Index was down 0.08% at 94.57.