Investing.com – Philippines equities were lower at the close on Friday, as losses in the Property, Services and Banking & Financials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 0.42% to hit a new 1-month low.
The biggest gainers of the session on the PSEi Composite were Semirara Minin (PS:SCC), which rose 1.65% or 2.1000 points to trade at 129.5000 at the close. Sm Investment (PS:SM) added 1.64% or 15.000 points to end at 929.000 and Megaworld Corp (PS:MEG) was up 0.88% or 0.040 points to 4.600 in late trade.
Biggest losers included Bloomberry Res (PS:BLOOM), which lost 6.77% or 0.540 points to trade at 7.400 in late trade. Dmci Holdings (PS:DMC) declined 4.27% or 0.540 points to end at 12.000 and Sm Prime Hldgs (PS:SMPH) shed 3.82% or 0.800 points to 19.980.
Declining stocks outnumbered rising ones by 105 to 77 and 20 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was up 0.04% or 0.40 to $1116.00 a troy ounce. Meanwhile, Crude oil for delivery in September fell 0.67% or 0.28 to hit $41.95 a barrel, while the October Brent oil contract fell 0.53% or 0.27 to trade at $49.37 a barrel.
CNY/PHP was up 0.48% to 7.2535, while USD/PHP rose 0.35% to 46.357.
The US Dollar Index was up 0.12% at 96.48.