Investing.com – Philippines stocks were lower after the close on Thursday, as losses in the Holding Firms, Property and Banking & Financials sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 1.17%.
The best performers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 4.64% or 0.320 points to trade at 7.220 at the close. Meanwhile, Alliance Global Group Inc (PS:AGI) added 1.63% or 0.240 points to end at 15.000 and First Gen Corp (PS:FGEN) was up 1.42% or 0.30 points to 21.50 in late trade.
The worst performers of the session were JG Summit Holdings Inc (PS:JGS), which fell 9.65% or 8.800 points to trade at 82.400 at the close. Metro Pacific Investments Corp (PS:MPI) declined 2.59% or 0.160 points to end at 6.020 and Bloomberry Resorts Corp (PS:BLOOM) was down 2.12% or 0.090 points to 4.160.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 105 to 66 and 54 ended unchanged.
Gold for June delivery was up 0.26% or 3.15 to $1226.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.44% or 0.22 to hit $49.78 a barrel, while the July Brent oil contract rose 0.56% or 0.28 to trade at $50.02 a barrel.
CNY/PHP was down 0.28% to 7.1190, while USD/PHP fell 0.17% to 46.708.
The US Dollar Index was down 0.16% at 95.25.