Investing.com – Philippines equities were lower at the close on Thursday, as losses in the Services, Industrials and Property sectors propelled shares lower.
At the close in Philippines, the PSEi Composite lost 0.70%.
The biggest gainers of the session on the PSEi Composite were Bdo Unibank (PS:BDO), which rose 2.43% or 2.30 points to trade at 96.95 at the close. Manila Electri (PS:MER) added 2.24% or 6.200 points to end at 283.000 and Aboitiz Equity (PS:AEV) was up 1.31% or 0.750 points to 58.000 in late trade.
Biggest losers included Energy Develop (PS:EDC), which lost 4.72% or 0.260 points to trade at 5.250 in late trade. First Gen (PS:FGEN) declined 4.06% or 0.95 points to end at 22.45 and Phi Long Dis T (PS:TEL) shed 3.60% or 86.00 points to 2306.00.
Declining stocks outnumbered rising ones by 109 to 64 and 18 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was up 0.43% or 4.70 to $1106.70 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.51% or 0.23 to hit $44.38 a barrel, while the October Brent oil contract rose 0.17% or 0.08 to trade at $47.66 a barrel.
CNY/PHP was down 0.07% to 7.3527, while USD/PHP fell 0.05% to 46.904.
The US Dollar Index was up 0.07% at 96.03.