Investing.com – Philippines stocks were lower after the close on Thursday, as losses in the Services, Property and Mining & Oil sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.88% to hit a new 1-month low.
The best performers of the session on the PSEi Composite were Universal Robina Corp (PS:URC), which rose 0.94% or 1.50 points to trade at 161.50 at the close. Meanwhile, Aboitiz Power Corp (PS:AP) added 0.65% or 0.25 points to end at 38.90 and Emperador Inc (PS:EMP) was up 0.53% or 0.040 points to 7.600 in late trade.
The worst performers of the session were PLDT Inc (PS:TEL), which fell 3.59% or 67.00 points to trade at 1800.00 at the close. Globe Telecom Inc (PS:GLO) declined 3.32% or 70.00 points to end at 2040.00 and Alliance Global Group Inc (PS:AGI) was down 2.78% or 0.400 points to 14.000.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 134 to 79 and 38 ended unchanged.
Gold Futures for August delivery was down 0.16% or 1.95 to $1247.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.78% or 0.35 to hit $45.09 a barrel, while the September Brent oil contract rose 0.63% or 0.30 to trade at $47.84 a barrel.
CNY/PHP was up 0.34% to 7.4521, while USD/PHP rose 0.05% to 50.530.
The US Dollar Index Futures was down 0.29% at 95.50.