Investing.com – Philippines stocks were lower after the close on Friday, as losses in the Holding Firms, Banking & Financials and Industrials sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.05% to hit a new 1-month low.
The best performers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 3.50% or 0.200 points to trade at 5.910 at the close. Meanwhile, International Container Terminal Services Inc (PS:ICT) added 1.88% or 1.200 points to end at 65.000 and Ayala Land Inc (PS:ALI) was up 1.17% or 0.400 points to 34.650 in late trade.
The worst performers of the session were Metro Pacific Investments Corp (PS:MPI), which fell 2.52% or 0.150 points to trade at 5.800 at the close. Metropolitan Bank and Trust Co (PS:MBT) declined 1.81% or 1.50 points to end at 81.25 and First Gen Corp (PS:FGEN) was down 1.70% or 0.35 points to 20.25.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 110 to 60 and 52 ended unchanged.
Gold for June delivery was up 0.94% or 11.85 to $1278.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.74% or 0.34 to hit $46.37 a barrel, while the July Brent oil contract rose 0.46% or 0.22 to trade at $47.99 a barrel.
CNY/PHP was up 0.22% to 7.2369, while USD/PHP rose 0.35% to 46.925.
The US Dollar Index was down 0.33% at 93.42.