Investing.com – Philippines stocks were lower after the close on Thursday, as losses in the Property, Holding Firms and Banking & Financials sectors led shares lower.
At the close in Philippines, the PSEi Composite lost 2.23%.
The best performers of the session on the PSEi Composite were First Gen Corp (PS:FGEN), which rose 1.33% or 0.20 points to trade at 15.20 at the close. Meanwhile, Energy Development Corp (PS:EDC) added 1.16% or 0.060 points to end at 5.230 and LT Group Inc (PS:LTG) was up 0.70% or 0.150 points to 21.600 in late trade.
The worst performers of the session were DMCI Holdings Inc (PS:DMC), which fell 5.19% or 0.560 points to trade at 10.240 at the close. Ayala Corp (PS:AC) declined 5.05% or 50.00 points to end at 940.00 and BDO Unibank Inc (PS:BDO) was down 3.94% or 5.40 points to 131.50.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 120 to 70 and 61 ended unchanged.
Gold Futures for June delivery was down 0.38% or 4.90 to $1286.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.41% or 0.29 to hit $71.78 a barrel, while the July Brent oil contract rose 0.42% or 0.33 to trade at $79.61 a barrel.
CNY/PHP was down 0.83% to 8.2115, while USD/PHP fell 0.06% to 52.291.
The US Dollar Index Futures was down 0.01% at 93.26.