Investing.com – Philippines stocks were lower after the close on Thursday, as losses in the Industrials, Property and Mining & Oil sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.74% to hit a new 1-month low.
The best performers of the session on the PSEi Composite were Globe Telecom (PS:GLO), which rose 2.15% or 56.000 points to trade at 2656.000 at the close. Meanwhile, Sm Investment (PS:SM) added 1.50% or 13.500 points to end at 914.500 and Megaworld Corp (PS:MEG) was up 1.33% or 0.060 points to 4.550 in late trade.
The worst performers of the session were Bloomberry Res (PS:BLOOM), which fell 10.73% or 0.960 points to trade at 7.980 at the close. Energy Develop (PS:EDC) declined 4.02% or 0.280 points to end at 6.650 and Sm Prime Hldgs (PS:SMPH) was down 3.68% or 0.800 points to 20.950.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 113 to 64 and 15 ended unchanged.
Shares in Bloomberry Res (PS:BLOOM) fell to 3-years lows; down 10.73% or 0.960 to 7.980.
Gold for December delivery was down 0.54% or 6.10 to $1117.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.33% or 0.14 to hit $43.45 a barrel, while the October Brent oil contract rose 0.79% or 0.40 to trade at $50.58 a barrel.
CNY/PHP was down 0.08% to 7.2274, while USD/PHP rose 0.06% to 46.225.
The US Dollar Index was up 0.31% at 96.58.