Investing.com – Philippines stocks were lower after the close on Friday, as losses in the Mining & Oil, Property and Banking & Financials sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.49%.
The best performers of the session on the PSEi Composite were Globe Telecom Inc (PS:GLO), which rose 1.99% or 42.000 points to trade at 2154.000 at the close. Meanwhile, Bank of the Philippine Islands (PS:BPI) added 0.28% or 0.25 points to end at 90.00 and Ayala Corp (PS:AC) was up 0.26% or 2.000 points to 782.000 in late trade.
The worst performers of the session were First Gen Corp (PS:FGEN), which fell 4.00% or 0.90 points to trade at 21.60 at the close. Megaworld Corp (PS:MEG) declined 2.66% or 0.110 points to end at 4.020 and Metro Pacific Investments Corp (PS:MPI) was down 2.44% or 0.150 points to 5.990.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 126 to 69 and 43 ended unchanged.
Gold for June delivery was up 0.45% or 5.50 to $1232.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 1.23% or 0.51 to hit $40.99 a barrel, while the June Brent oil contract fell 1.16% or 0.51 to trade at $43.33 a barrel.
CNY/PHP was down 0.10% to 7.1074, while USD/PHP fell 0.11% to 46.070.
The US Dollar Index was down 0.01% at 94.93.