Investing.com – Philippines stocks were lower after the close on Thursday, as losses in the Holding Firms, Services and Industrials sectors led shares lower.
At the close in Philippines, the PSEi Composite lost 0.25% to hit a new 1-month low.
The best performers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 4.01% or 0.220 points to trade at 5.710 at the close. Meanwhile, Metro Pacific Investments Corp (PS:MPI) added 2.59% or 0.150 points to end at 5.950 and Bloomberry Resorts Corp (PS:BLOOM) was up 2.39% or 0.100 points to 4.290 in late trade.
The worst performers of the session were Alliance Global Group Inc (PS:AGI), which fell 4.86% or 0.740 points to trade at 14.500 at the close. JG Summit Holdings Inc (PS:JGS) declined 2.40% or 2.000 points to end at 81.500 and San Miguel Corp (PS:SMC) was down 2.07% or 1.400 points to 66.300.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 107 to 68 and 54 ended unchanged.
Gold for June delivery was up 0.61% or 7.65 to $1258.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.07% or 0.03 to hit $45.30 a barrel, while the July Brent oil contract rose 0.17% or 0.08 to trade at $47.01 a barrel.
CNY/PHP was up 0.30% to 7.2256, while USD/PHP fell 0.05% to 46.766.
The US Dollar Index was down 0.68% at 93.74.