Investing.com – Philippines stocks were lower after the close on Friday, as losses in the Holding Firms, Services and Industrials sectors led shares lower.
At the close in Philippines, the PSEi Composite lost 2.88% to hit a new 6-months low.
The best performers of the session on the PSEi Composite were BDO Unibank Inc (PS:BDO), which rose 0.18% or 0.20 points to trade at 110.50 at the close. Meanwhile, Manila Electric Co (PS:MER) added 0.14% or 0.400 points to end at 278.400 and San Miguel Corp (PS:SMC) was unchanged 0.00% or 0.000 points to 80.300 in late trade.
The worst performers of the session were Ayala Corp (PS:AC), which fell 6.25% or 50.000 points to trade at 750.000 at the close. Alliance Global Group Inc (PS:AGI) declined 5.59% or 0.760 points to end at 12.840 and Robinsons Land Corp (PS:RLC) was down 5.59% or 1.600 points to 27.000.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 151 to 28 and 45 ended unchanged.
Gold for December delivery was down 0.89% or 11.25 to $1255.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.60% or 0.27 to hit $44.39 a barrel, while the January Brent oil contract fell 0.33% or 0.15 to trade at $45.69 a barrel.
CNY/PHP was up 0.06% to 7.2033, while USD/PHP rose 0.29% to 49.105.
The US Dollar Index was up 0.01% at 98.80.