Investing.com – Philippines stocks were lower after the close on Tuesday, as losses in the Property, Services and Banking & Financials sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 1.59%.
The best performers of the session on the PSEi Composite were GT Capital Holdings Inc (PS:GTCAP), which rose 0.76% or 10.000 points to trade at 1329.000 at the close. Meanwhile, Ayala Corp (PS:AC) added 0.45% or 3.500 points to end at 790.000 and Energy Development Corp (PS:EDC) was up 0.38% or 0.020 points to 5.270 in late trade.
The worst performers of the session were Megaworld Corp (PS:MEG), which fell 6.08% or 0.230 points to trade at 3.550 at the close. JG Summit Holdings Inc (PS:JGS) declined 3.88% or 2.950 points to end at 73.000 and Metropolitan Bank and Trust Co (PS:MBT) was down 3.72% or 2.90 points to 75.00.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 128 to 67 and 42 ended unchanged.
Gold for February delivery was up 1.37% or 16.35 to $1212.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.46% or 0.24 to hit $52.61 a barrel, while the March Brent oil contract rose 0.09% or 0.05 to trade at $55.91 a barrel.
CNY/PHP was up 0.06% to 7.2381, while USD/PHP fell 0.24% to 49.741.
The US Dollar Index was down 0.58% at 100.94.