Investing.com – Philippines stocks were lower after the close on Friday, as losses in the Services, Property and Industrials sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.36% to hit a new 6-months low.
The best performers of the session on the PSEi Composite were Jollibee Foods Corp (PS:JFC), which rose 2.75% or 5.100 points to trade at 190.600 at the close. Meanwhile, Security Bank Corp (PS:SECB) added 2.56% or 5.00 points to end at 200.00 and Robinsons Land Corp (PS:RLC) was up 1.63% or 0.400 points to 24.950 in late trade.
The worst performers of the session were Metro Pacific Investments Corp (PS:MPI), which fell 3.07% or 0.190 points to trade at 5.990 at the close. Alliance Global Group Inc (PS:AGI) declined 2.38% or 0.300 points to end at 12.300 and Aboitiz Power Corp (PS:AP) was down 2.35% or 1.00 points to 41.50.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 101 to 67 and 48 ended unchanged.
Shares in Alliance Global Group Inc (PS:AGI) fell to 3-years lows; losing 2.38% or 0.300 to 12.300.
Gold for February delivery was up 0.21% or 2.35 to $1133.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.87% or 0.46 to hit $52.49 a barrel, while the February Brent oil contract fell 0.76% or 0.42 to trade at $54.63 a barrel.
CNY/PHP was down 0.22% to 7.1605, while USD/PHP fell 0.23% to 49.763.
The US Dollar Index was down 0.03% at 103.04.