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 declined 0.85%.
The best performers of the session on the PSEi Composite were Petron Corp (PS:PCOR), which rose 1.79% or 0.160 points to trade at 9.110 at the close. Meanwhile, San Miguel Corp (PS:SMC) added 0.92% or 1.00 points to end at 110.00 and LT Group Inc (PS:LTG) was unchanged 0.00% or 0.000 points to 15.960 in late trade.
The worst performers of the session were Globe Telecom Inc (PS:GLO), which fell 3.35% or 72.00 points to trade at 2078.00 at the close. Robinsons Land Corp (PS:RLC) declined 2.47% or 0.650 points to end at 25.650 and Megaworld Corp (PS:MEG) was down 2.17% or 0.090 points to 4.060.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 122 to 71 and 53 ended unchanged.
Gold Futures for June delivery was up 0.11% or 1.42 to $1265.62 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.99% or 0.49 to hit $49.13 a barrel, while the July Brent oil contract fell 1.01% or 0.53 to trade at $51.88 a barrel.
CNY/PHP was up 0.19% to 7.2598, while USD/PHP rose 0.32% to 50.035.
The US Dollar Index Futures was down 0.10% at 98.75.