Investing.com – Philippines stocks were lower after the close on Thursday, as losses in the Services, Property and Holding Firms sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 1.41% to hit a new 1-month low.
The best performers of the session on the PSEi Composite were Dmci Holdings (PS:DMC), which rose 1.90% or 0.280 points to trade at 15.000 at the close. Meanwhile, Petron (PS:PCOR) added 1.65% or 0.160 points to end at 9.850 and Globe Telecom (PS:GLO) was up 1.02% or 22.000 points to 2182.000 in late trade.
The worst performers of the session were Phi Long Dis T (PS:TEL), which fell 4.09% or 118.00 points to trade at 2770.00 at the close. Alliance Globa (PS:AGI) declined 3.61% or 0.950 points to end at 25.400 and Ayala Land (PS:ALI) was down 2.64% or 1.050 points to 38.650.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 124 to 78 and 14 ended unchanged.
Shares in Phi Long Dis T (PS:TEL) fell to 52-week lows; falling 4.09% or 118.00 to 2770.00.
Gold for June delivery was down 0.47% or 5.70 to $1204.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 1.07% or 0.62 to hit $59.20 a barrel, while the June Brent oil contract rose 0.62% or 0.41 to trade at $66.25 a barrel.
CNY/PHP was up 0.66% to 7.1884, while USD/PHP rose 0.67% to 44.575.
The US Dollar Index was down 0.68% at 94.66.