Investing.com – Philippines stocks were lower after the close on Tuesday, as losses in the Holding Firms, Property and Banking & Financials sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 1.25%.
The best performers of the session on the PSEi Composite were International Container Terminal Services Inc (PS:ICT), which rose 3.16% or 1.900 points to trade at 62.000 at the close. Meanwhile, Petron Corp (PS:PCOR) added 1.08% or 0.120 points to end at 11.180 and Philex Mining Corp (PS:PX) was up 0.81% or 0.070 points to 8.700 in late trade.
The worst performers of the session were DMCI Holdings Inc (PS:DMC), which fell 3.79% or 0.500 points to trade at 12.700 at the close. Metropolitan Bank and Trust Co (PS:MBT) declined 3.49% or 3.05 points to end at 84.45 and SM Investments Corp (PS:SM) was down 3.14% or 31.000 points to 956.000.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 129 to 48 and 35 ended unchanged.
Shares in Philex Mining Corp (PS:PX) rose to 52-week highs; up 0.81% or 0.070 to 8.700.
Gold for August delivery was down 0.35% or 4.55 to $1282.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 1.51% or 0.74 to hit $48.14 a barrel, while the August Brent oil contract fell 1.29% or 0.65 to trade at $49.70 a barrel.
CNY/PHP was up 0.22% to 7.0269, while USD/PHP rose 0.29% to 46.310.
The US Dollar Index was up 0.33% at 94.73.