Investing.com – Philippines equities were lower at the close on Thursday, as losses in the Industrials, Holding Firms and Mining & Oil sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 1.48% to hit a new 6-month low.
The biggest gainers of the session on the PSEi Composite were GT Capital Holdings Inc (PS:GTCAP), which rose 1.42% or 17.000 points to trade at 1214.000 at the close. Ayala Corp (PS:AC) added 0.42% or 3.000 points to end at 716.000 and SM Prime Holdings Inc (PS:SMPH) was up 0.37% or 0.100 points to 27.350 in late trade.
Biggest losers included JG Summit Holdings Inc (PS:JGS), which lost 4.72% or 3.250 points to trade at 65.550 in late trade. Robinsons Land Corp (PS:RLC) declined 3.35% or 0.850 points to end at 24.550 and Aboitiz Equity Ventures Inc (PS:AEV) shed 3.06% or 2.150 points to 68.000.
Declining stocks outnumbered rising ones by 120 to 43 and 46 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for February delivery was down 0.00% or 0.05 to $1133.15 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.25% or 0.13 to hit $52.62 a barrel, while the February Brent oil contract rose 0.31% or 0.17 to trade at $54.63 a barrel.
CNY/PHP was down 0.07% to 7.1955, while USD/PHP fell 0.00% to 49.988.
The US Dollar Index was down 0.12% at 102.92.