Investing.com – Philippines stocks were lower after the close on Thursday, as losses in the Mining & Oil, Holding Firms and Banking & Financials sectors led shares lower.
At the close in Philippines, the PSEi Composite lost 1.46%.
The best performers of the session on the PSEi Composite were Manila Electric Co (PS:MER), which rose 2.16% or 8.00 points to trade at 379.00 at the close. Meanwhile, Universal Robina Corp (PS:URC) added 0.14% or 0.20 points to end at 142.20 and Aboitiz Power Corp (PS:AP) was unchanged 0.00% or 0.00 points to 36.85 in late trade.
The worst performers of the session were Alliance Global Group Inc (PS:AGI), which fell 6.39% or 0.920 points to trade at 13.480 at the close. DMCI Holdings Inc (PS:DMC) declined 5.59% or 0.720 points to end at 12.160 and Metro Pacific Investments Corp (PS:MPI) was down 5.25% or 0.280 points to 5.050.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 160 to 37 and 40 ended unchanged.
Gold Futures for December delivery was up 0.52% or 6.20 to $1207.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.16% or 0.11 to hit $68.61 a barrel, while the November Brent oil contract rose 0.04% or 0.03 to trade at $77.30 a barrel.
CNY/PHP was up 0.73% to 7.8853, while USD/PHP rose 0.54% to 53.883.
The US Dollar Index Futures was down 0.02% at 95.05.