Investing.com – Philippines equities were lower at the close on Friday, as losses in the Banking & Financials, Holding Firms and Industrials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.07%.
The biggest gainers of the session on the PSEi Composite were SM Prime Holdings Inc (PS:SMPH), which rose 3.04% or 0.850 points to trade at 28.800 at the close. PLDT Inc (PS:TEL) added 2.43% or 32.00 points to end at 1350.00 and Alliance Global Group Inc (PS:AGI) was up 1.57% or 0.200 points to 12.900 in late trade.
Biggest losers included Metro Pacific Investments Corp (PS:MPI), which lost 4.55% or 0.300 points to trade at 6.300 in late trade. Energy Development Corp (PS:EDC) declined 4.31% or 0.230 points to end at 5.110 and DMCI Holdings Inc (PS:DMC) shed 4.30% or 0.580 points to 12.900.
Declining stocks outnumbered rising ones by 92 to 83 and 42 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for February delivery was up 0.48% or 5.45 to $1135.25 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.26% or 0.13 to hit $51.03 a barrel, while the February Brent oil contract rose 0.31% or 0.17 to trade at $54.19 a barrel.
CNY/PHP was down 0.28% to 7.1733, while USD/PHP fell 0.09% to 49.908.
The US Dollar Index was down 0.15% at 103.00.