Investing.com – Philippines stocks were lower after the close on Friday, as losses in the Banking & Financials, Holding Firms and Industrials sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.07%.
The best performers of the session on the PSEi Composite were SM Prime Holdings Inc (PS:SMPH), which rose 3.04% or 0.850 points to trade at 28.800 at the close. Meanwhile, PLDT Inc (PS:TEL) added 2.43% or 32.00 points to end at 1350.00 and Alliance Global Group Inc (PS:AGI) was up 1.57% or 0.200 points to 12.900 in late trade.
The worst performers of the session were Metro Pacific Investments Corp (PS:MPI), which fell 4.55% or 0.300 points to trade at 6.300 at the close. Energy Development Corp (PS:EDC) declined 4.31% or 0.230 points to end at 5.110 and DMCI Holdings Inc (PS:DMC) was down 4.30% or 0.580 points to 12.900.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 92 to 83 and 42 ended unchanged.
Gold for February delivery was up 0.47% or 5.35 to $1135.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.22% or 0.11 to hit $51.01 a barrel, while the February Brent oil contract rose 0.28% or 0.15 to trade at $54.17 a barrel.
CNY/PHP was down 0.28% to 7.1733, while USD/PHP fell 0.09% to 49.908.
The US Dollar Index was down 0.15% at 103.00.