Investing.com – Philippines stocks were lower after the close on Friday, as losses in the Mining & Oil, Services and Property sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.03%.
The best performers of the session on the PSEi Composite were Metropolitan Bank and Trust Co (PS:MBT), which rose 1.75% or 1.45 points to trade at 84.45 at the close. Meanwhile, Aboitiz Equity Ventures Inc (PS:AEV) added 1.56% or 1.000 points to end at 65.000 and Aboitiz Power Corp (PS:AP) was up 1.36% or 0.60 points to 44.75 in late trade.
The worst performers of the session were Bloomberry Resorts Corp (PS:BLOOM), which fell 3.23% or 0.150 points to trade at 4.490 at the close. Philippine Long Distance Telephone Company (PS:TEL) declined 1.90% or 35.00 points to end at 1810.00 and Petron Corp (PS:PCOR) was down 1.82% or 0.200 points to 10.800.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 95 to 81 and 50 ended unchanged.
Shares in Aboitiz Equity Ventures Inc (PS:AEV) rose to all time highs; gaining 1.56% or 1.000 to 65.000.
Gold for June delivery was up 0.01% or 0.10 to $1250.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.95% or 0.41 to hit $43.59 a barrel, while the June Brent oil contract rose 0.79% or 0.35 to trade at $44.88 a barrel.
CNY/PHP was up 0.38% to 7.1896, while USD/PHP rose 0.56% to 46.687.
The US Dollar Index was up 0.12% at 94.73.