Investing.com – Philippines stocks were lower after the close on Friday, as losses in the Industrials, Holding Firms and Services sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.50%.
The best performers of the session on the PSEi Composite were Megaworld Corp (PS:MEG), which rose 1.91% or 0.090 points to trade at 4.790 at the close. Meanwhile, First Gen Corp (PS:FGEN) added 1.60% or 0.40 points to end at 25.40 and Metro Pacific Investments Corp (PS:MPI) was up 1.27% or 0.090 points to 7.190 in late trade.
The worst performers of the session were JG Summit Holdings Inc (PS:JGS), which fell 3.35% or 2.650 points to trade at 76.350 at the close. Universal Robina Corp (PS:URC) declined 2.34% or 4.400 points to end at 183.300 and Metropolitan Bank and Trust Co (PS:MBT) was down 1.79% or 1.55 points to 85.15.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 90 to 88 and 51 ended unchanged.
Gold for December delivery was down 0.32% or 4.25 to $1340.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 1.51% or 0.70 to hit $45.62 a barrel, while the November Brent oil contract fell 1.18% or 0.56 to trade at $47.09 a barrel.
CNY/PHP was up 0.36% to 7.2069, while USD/PHP rose 0.45% to 48.072.
The US Dollar Index was up 0.13% at 95.43.