Investing.com – Philippines stocks were lower after the close on Friday, as losses in the Industrials, Property and Services sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.35%.
The best performers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 7.22% or 0.570 points to trade at 8.460 at the close. Meanwhile, Alliance Global Group Inc (PS:AGI) added 3.10% or 0.480 points to end at 15.980 and Bloomberry Resorts Corp (PS:BLOOM) was up 1.35% or 0.070 points to 5.260 in late trade.
The worst performers of the session were Universal Robina Corp (PS:URC), which fell 3.21% or 6.400 points to trade at 193.100 at the close. Megaworld Corp (PS:MEG) declined 2.22% or 0.100 points to end at 4.400 and Petron Corp (PS:PCOR) was down 1.69% or 0.200 points to 11.600.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 94 to 85 and 51 ended unchanged.
Shares in Philex Mining Corp (PS:PX) rose to 52-week highs; up 7.22% or 0.570 to 8.460.
Gold for August delivery was down 0.24% or 3.10 to $1269.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 1.42% or 0.72 to hit $49.84 a barrel, while the August Brent oil contract fell 1.31% or 0.68 to trade at $51.27 a barrel.
CNY/PHP was up 0.27% to 7.0280, while USD/PHP rose 0.27% to 46.118.
The US Dollar Index was up 0.09% at 94.18.