Investing.com – Philippines stocks were lower after the close on Thursday, as losses in the Industrials, Banking & Financials and Mining & Oil sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.97%.
The best performers of the session on the PSEi Composite were Megaworld Corp (PS:MEG), which rose 1.73% or 0.070 points to trade at 4.120 at the close. Meanwhile, Semirara Mining Corp (PS:SCC) added 1.19% or 1.5000 points to end at 127.5000 and Aboitiz Equity Ventures Inc (PS:AEV) was up 0.71% or 0.500 points to 70.500 in late trade.
The worst performers of the session were LT Group Inc (PS:LTG), which fell 3.33% or 0.460 points to trade at 13.360 at the close. Universal Robina Corp (PS:URC) declined 3.04% or 6.400 points to end at 204.400 and Globe Telecom Inc (PS:GLO) was down 1.83% or 42.000 points to 2252.000.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 102 to 79 and 46 ended unchanged.
Shares in Aboitiz Equity Ventures Inc (PS:AEV) rose to all time highs; gaining 0.71% or 0.500 to 70.500.
Gold for June delivery was down 0.13% or 1.60 to $1273.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.78% or 0.36 to hit $46.59 a barrel, while the July Brent oil contract rose 0.59% or 0.28 to trade at $47.88 a barrel.
CNY/PHP was down 0.08% to 7.1547, while USD/PHP rose 0.21% to 46.585.
The US Dollar Index was up 0.13% at 93.92.