Investing.com – Philippines equities were lower at the close on Friday, as losses in the Industrials, Property and Services sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 0.35%.
The biggest gainers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 7.22% or 0.570 points to trade at 8.460 at the close. Alliance Global Group Inc (PS:AGI) added 3.10% or 0.480 points to end at 15.980 and Bloomberry Resorts Corp (PS:BLOOM) was up 1.35% or 0.070 points to 5.260 in late trade.
Biggest losers included Universal Robina Corp (PS:URC), which lost 3.21% or 6.400 points to trade at 193.100 in late trade. Megaworld Corp (PS:MEG) declined 2.22% or 0.100 points to end at 4.400 and Petron Corp (PS:PCOR) shed 1.69% or 0.200 points to 11.600.
Declining stocks outnumbered rising ones by 94 to 85 and 51 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was down 0.24% or 3.10 to $1269.60 a troy ounce. Meanwhile, Crude oil for delivery in July fell 1.42% or 0.72 to hit $49.84 a barrel, while the August Brent oil contract fell 1.31% or 0.68 to trade at $51.27 a barrel.
CNY/PHP was up 0.27% to 7.0280, while USD/PHP rose 0.27% to 46.118.
The US Dollar Index was up 0.07% at 94.17.