Investing.com – Philippines stocks were lower after the close on Friday, as losses in the Holding Firms, Services and Banking & Financials sectors led shares lower.
At the close in Philippines, the PSEi Composite lost 1.64%.
The best performers of the session on the PSEi Composite were First Gen Corp (PS:FGEN), which rose 1.81% or 0.32 points to trade at 17.96 at the close. Meanwhile, Alliance Global Group Inc (PS:AGI) added 0.38% or 0.060 points to end at 15.860 and Metropolitan Bank and Trust Co (PS:MBT) was up 0.33% or 0.30 points to 90.00 in late trade.
The worst performers of the session were Bank of the Philippine Islands (PS:BPI), which fell 4.16% or 4.15 points to trade at 95.60 at the close. Aboitiz Power Corp (PS:AP) declined 4.14% or 1.75 points to end at 40.50 and Aboitiz Equity Ventures Inc (PS:AEV) was down 4.00% or 3.000 points to 72.000.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 107 to 77 and 59 ended unchanged.
Gold Futures for December delivery was down 0.11% or 1.36 to $1276.74 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.50% or 0.27 to hit $54.81 a barrel, while the January Brent oil contract rose 0.40% or 0.24 to trade at $60.86 a barrel.
CNY/PHP was down 0.62% to 7.7207, while USD/PHP fell 0.47% to 51.180.
The US Dollar Index Futures was up 0.10% at 94.71.