Investing.com – Philippines equities were lower at the close on Thursday, as losses in the Property, Services and Mining & Oil sectors propelled shares lower.
At the close in Philippines, the PSEi Composite lost 0.18% to hit a new 1-month low.
The biggest gainers of the session on the PSEi Composite were Metropolitan Bank and Trust Co (PS:MBT), which rose 4.67% or 3.90 points to trade at 87.40 at the close. Jollibee Foods Corp (PS:JFC) added 3.27% or 8.000 points to end at 253.000 and Megaworld Corp (PS:MEG) was up 2.76% or 0.130 points to 4.840 in late trade.
Biggest losers included SM Prime Holdings Inc (PS:SMPH), which lost 4.36% or 1.300 points to trade at 28.550 in late trade. GT Capital Holdings Inc (PS:GTCAP) declined 1.63% or 25.000 points to end at 1510.000 and Universal Robina Corp (PS:URC) shed 1.60% or 3.000 points to 184.000.
Declining stocks outnumbered rising ones by 121 to 81 and 41 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was down 0.15% or 1.95 to $1309.45 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.27% or 0.12 to hit $44.82 a barrel, while the November Brent oil contract rose 0.19% or 0.09 to trade at $46.98 a barrel.
CNY/PHP was up 0.16% to 6.9958, while USD/PHP rose 0.30% to 46.735.
The US Dollar Index was up 0.04% at 96.05.