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Investing.com – Philippines stocks were lower after the close on Thursday, as losses in the Services, Industrials and Property sectors led shares lower.
At the close in Philippines, the PSEi Composite lost 0.34%.
The best performers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 6.44% or 0.460 points to trade at 7.600 at the close. Meanwhile, Metro Pacific Investments Corp (PS:MPI) added 3.03% or 0.200 points to end at 6.800 and Megaworld Corp (PS:MEG) was up 2.19% or 0.100 points to 4.670 in late trade.
The worst performers of the session were Ayala Corp (PS:AC), which fell 2.64% or 23.000 points to trade at 847.000 at the close. Philippine Long Distance Telephone Company (PS:TEL) declined 1.91% or 40.00 points to end at 2050.00 and Ayala Land Inc (PS:ALI) was down 1.64% or 0.650 points to 38.950.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 97 to 96 and 46 ended unchanged.
Gold for August delivery was up 0.09% or 1.20 to $1271.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.35% or 0.17 to hit $49.30 a barrel, while the August Brent oil contract rose 0.44% or 0.22 to trade at $50.10 a barrel.
CNY/PHP was up 0.18% to 7.0659, while USD/PHP fell 0.30% to 46.485.
The US Dollar Index was down 0.27% at 93.56.
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