Investing.com – Philippines stocks were lower after the close on Thursday, as losses in the Property, Industrials and Mining & Oil sectors led shares lower.
At the close in Philippines, the PSEi Composite lost 1.05%.
The best performers of the session on the PSEi Composite were Metro Pacific Investments Corp (PS:MPI), which rose 1.85% or 0.120 points to trade at 6.600 at the close. Meanwhile, Ayala Corp (PS:AC) added 1.74% or 12.500 points to end at 732.000 and San Miguel Corp (PS:SMC) was up 0.65% or 0.650 points to 100.500 in late trade.
The worst performers of the session were Robinsons Land Corp (PS:RLC), which fell 3.13% or 0.850 points to trade at 26.350 at the close. Aboitiz Power Corp (PS:AP) declined 2.96% or 1.30 points to end at 42.65 and SM Prime Holdings Inc (PS:SMPH) was down 2.95% or 0.850 points to 27.950.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 116 to 64 and 40 ended unchanged.
Shares in San Miguel Corp (PS:SMC) rose to 3-years highs; rising 0.65% or 0.650 to 100.500.
Gold for February delivery was down 2.25% or 26.20 to $1137.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.20% or 0.10 to hit $51.14 a barrel, while the February Brent oil contract rose 0.63% or 0.34 to trade at $54.24 a barrel.
CNY/PHP was up 0.10% to 7.2147, while USD/PHP rose 0.53% to 50.033.
The US Dollar Index was up 0.51% at 102.55.