Investing.com – Philippines stocks were lower after the close on Tuesday, as losses in the Mining & Oil, Holding Firms and Banking & Financials sectors led shares lower.
At the close in Philippines, the PSEi Composite lost 0.76% to hit a new 1-month low.
The best performers of the session on the PSEi Composite were Metro Pacific Investments Corp (PS:MPI), which rose 2.77% or 0.170 points to trade at 6.300 at the close. Meanwhile, Jollibee Foods Corp (PS:JFC) added 2.48% or 7.00 points to end at 289.00 and Megaworld Corp (PS:MEG) was up 2.06% or 0.100 points to 4.950 in late trade.
The worst performers of the session were Aboitiz Equity Ventures Inc (PS:AEV), which fell 4.07% or 3.050 points to trade at 71.950 at the close. Emperador Inc (PS:EMP) declined 3.47% or 0.270 points to end at 7.510 and Bank of the Philippine Islands (PS:BPI) was down 3.12% or 3.80 points to 118.00.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 159 to 52 and 44 ended unchanged.
Gold Futures for April delivery was up 0.49% or 6.60 to $1343.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.67% or 0.43 to hit $63.72 a barrel, while the April Brent oil contract fell 0.74% or 0.50 to trade at $67.12 a barrel.
CNY/PHP was down 0.18% to 8.2019, while USD/PHP fell 0.02% to 51.501.
The US Dollar Index Futures was down 0.26% at 89.34.