Investing.com – Philippines stocks were lower after the close on Tuesday, as losses in the Property, Mining & Oil and Banking & Financials sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 2.16% to hit a new 3-months low.
The best performers of the session on the PSEi Composite were Sm Investment (PS:SM), which fell 0.23% or 2.000 points to trade at 874.000 at the close. Meanwhile, Jollibee Foods (PS:JFC) fell 0.26% or 0.500 points to end at 195.500 and Universal Robi (PS:URC) was down 0.27% or 0.500 points to 184.000 in late trade.
The worst performers of the session were Semirara Minin (PS:SCC), which fell 5.17% or 7.5000 points to trade at 137.5000 at the close. Ayala Land (PS:ALI) declined 4.52% or 1.750 points to end at 37.000 and Bloomberry Res (PS:BLOOM) was down 4.29% or 0.390 points to 8.710.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 153 to 28 and 17 ended unchanged.
Shares in Bloomberry Res (PS:BLOOM) fell to 52-week lows; down 4.29% or 0.390 to 8.710.
Gold for August delivery was up 0.34% or 4.00 to $1177.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.91% or 0.53 to hit $58.67 a barrel, while the July Brent oil contract rose 1.07% or 0.67 to trade at $63.36 a barrel.
CNY/PHP was down 0.16% to 7.2559, while USD/PHP fell 0.15% to 45.030.
The US Dollar Index was down 0.06% at 95.17.