Investing.com – Philippines equities were lower at the close on Friday, as losses in the Banking & Financials, Services and Industrials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 0.25%.
The biggest gainers of the session on the PSEi Composite were GT Capital Holdings Inc (PS:GTCAP), which rose 3.44% or 40.00 points to trade at 1202.00 at the close. Ayala Corp (PS:AC) added 2.18% or 19.00 points to end at 892.00 and Ayala Land Inc (PS:ALI) was up 1.85% or 0.750 points to 41.300 in late trade.
Biggest losers included Metropolitan Bank and Trust Co (PS:MBT), which lost 3.85% or 3.40 points to trade at 85.00 in late trade. Alliance Global Group Inc (PS:AGI) declined 3.79% or 0.580 points to end at 14.740 and Petron Corp (PS:PCOR) shed 3.61% or 0.400 points to 10.680.
Declining stocks outnumbered rising ones by 110 to 76 and 57 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for June delivery was down 0.38% or 4.78 to $1262.22 a troy ounce. Meanwhile, Crude oil for delivery in July fell 2.03% or 0.98 to hit $47.38 a barrel, while the August Brent oil contract fell 1.94% or 0.98 to trade at $49.65 a barrel.
CNY/PHP was down 0.62% to 7.2675, while USD/PHP fell 0.55% to 49.520.
The US Dollar Index Futures was down 0.03% at 97.13.