Investing.com – Philippines stocks were lower after the close on Thursday, as losses in the Holding Firms, Banking & Financials and Property sectors led shares lower.
At the close in Philippines, the PSEi Composite lost 2.41%.
The best performers of the session on the PSEi Composite were Bloomberry Resorts Corp (PS:BLOOM), which rose 8.13% or 0.390 points to trade at 5.190 at the close. Meanwhile, Philex Mining Corp (PS:PX) added 5.20% or 0.390 points to end at 7.890 and Megaworld Corp (PS:MEG) was up 1.12% or 0.050 points to 4.500 in late trade.
The worst performers of the session were International Container Terminal Services Inc (PS:ICT), which fell 4.96% or 3.200 points to trade at 61.300 at the close. SM Prime Holdings Inc (PS:SMPH) declined 4.46% or 1.150 points to end at 24.650 and Metro Pacific Investments Corp (PS:MPI) was down 4.25% or 0.280 points to 6.310.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 120 to 74 and 44 ended unchanged.
Shares in Philex Mining Corp (PS:PX) rose to 52-week highs; gaining 5.20% or 0.390 to 7.890.
Gold for August delivery was down 0.02% or 0.20 to $1262.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.14% or 0.07 to hit $51.16 a barrel, while the August Brent oil contract fell 0.34% or 0.18 to trade at $52.33 a barrel.
CNY/PHP was up 0.24% to 7.0075, while USD/PHP rose 0.23% to 45.983.
The US Dollar Index was up 0.15% at 93.73.