Investing.com – Philippines stocks were lower after the close on Friday, as losses in the Holding Firms, Banking & Financials and Property sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 1.93%.
The best performers of the session on the PSEi Composite were Lt Group (PS:LTG), which rose 0.68% or 0.100 points to trade at 14.900 at the close. Meanwhile, Robinsons Land (PS:RLC) added 0.50% or 0.150 points to end at 30.150 and Manila Electri (PS:MER) was up 0.26% or 0.800 points to 305.800 in late trade.
The worst performers of the session were Jg Summit (PS:JGS), which fell 4.00% or 2.950 points to trade at 70.750 at the close. Sm Investment (PS:SM) declined 3.98% or 35.000 points to end at 845.000 and Bdo Unibank (PS:BDO) was down 3.07% or 3.20 points to 101.00.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 122 to 60 and 18 ended unchanged.
Gold for December delivery was down 0.26% or 2.80 to $1067.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.96% or 0.84 to hit $42.20 a barrel, while the January Brent oil contract fell 1.16% or 0.53 to trade at $45.09 a barrel.
CNY/PHP was down 0.16% to 7.3719, while USD/PHP fell 0.01% to 47.173.
The US Dollar Index was unchanged 0.00% at 99.86.