Investing.com – Philippines equities were lower at the close on Tuesday, as losses in the Services, Mining & Oil and Holding Firms sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.47%.
The biggest gainers of the session on the PSEi Composite were Petron Corp (PS:PCOR), which rose 2.72% or 0.280 points to trade at 10.580 at the close. SM Prime Holdings Inc (PS:SMPH) added 1.81% or 0.400 points to end at 22.550 and Bank of the Philippine Islands (PS:BPI) was up 1.56% or 1.40 points to 91.40 in late trade.
Biggest losers included Globe Telecom Inc (PS:GLO), which lost 2.87% or 64.000 points to trade at 2166.000 in late trade. DMCI Holdings Inc (PS:DMC) declined 2.47% or 0.340 points to end at 13.400 and Philippine Long Distance Telephone Company (PS:TEL) shed 2.14% or 42.00 points to 1920.00.
Declining stocks outnumbered rising ones by 102 to 73 and 30 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for April delivery was up 1.02% or 12.70 to $1256.90 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.51% or 0.21 to hit $41.31 a barrel, while the May Brent oil contract fell 0.65% or 0.27 to trade at $41.27 a barrel.
CNY/PHP was down 0.34% to 7.1348, while USD/PHP fell 0.20% to 46.330.
The US Dollar Index was up 0.35% at 95.73.