Investing.com – Philippines stocks were lower after the close on Thursday, as losses in the Property, Services and Industrials sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.88%.
The best performers of the session on the PSEi Composite were Globe Telecom Inc (PS:GLO), which rose 0.54% or 10.75 points to trade at 2000.00 at the close. Meanwhile, Semirara Mining Corp (PS:SCC) added 0.13% or 0.20 points to end at 159.00 and SM Investments Corp (PS:SM) was up 0.13% or 1.00 points to 779.00 in late trade.
The worst performers of the session were Robinsons Land Corp (PS:RLC), which fell 2.83% or 0.700 points to trade at 24.050 at the close. Ayala Land Inc (PS:ALI) declined 2.72% or 1.050 points to end at 37.550 and Jollibee Foods Corp (PS:JFC) was down 2.44% or 5.00 points to 200.00.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 122 to 75 and 52 ended unchanged.
Gold Futures for June delivery was down 0.16% or 1.97 to $1256.73 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.33% or 0.16 to hit $48.91 a barrel, while the July Brent oil contract fell 0.31% or 0.16 to trade at $52.05 a barrel.
CNY/PHP was up 0.10% to 7.2350, while USD/PHP rose 0.18% to 49.840.
The US Dollar Index Futures was up 0.14% at 97.48.