Investing.com – Philippines stocks were lower after the close on Tuesday, as losses in the Property, Holding Firms and Services sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 2.53% to hit a new 6-months low.
The best performers of the session on the PSEi Composite were Jollibee Foods Corp (PS:JFC), which rose 1.89% or 4.000 points to trade at 216.000 at the close. Meanwhile, Alliance Global Group Inc (PS:AGI) added 0.47% or 0.060 points to end at 12.760 and International Container Terminal Services Inc (PS:ICT) was up 0.34% or 0.250 points to 74.250 in late trade.
The worst performers of the session were SM Investments Corp (PS:SM), which fell 5.97% or 39.500 points to trade at 622.500 at the close. Ayala Corp (PS:AC) declined 5.00% or 38.500 points to end at 731.500 and Megaworld Corp (PS:MEG) was down 4.51% or 0.170 points to 3.600.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 129 to 62 and 38 ended unchanged.
Gold for December delivery was up 0.65% or 7.85 to $1217.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.27% or 0.13 to hit $48.37 a barrel, while the January Brent oil contract rose 0.31% or 0.15 to trade at $49.05 a barrel.
CNY/PHP was up 0.38% to 7.2479, while USD/PHP rose 0.17% to 49.909.
The US Dollar Index was down 0.08% at 100.86.