Investing.com – Philippines stocks were lower after the close on Thursday, as losses in the Banking & Financials, Holding Firms and Property sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.11%.
The best performers of the session on the PSEi Composite were Philex Mining (PS:PX), which rose 5.31% or 0.330 points to trade at 6.550 at the close. Meanwhile, Manila Electri (PS:MER) added 2.50% or 7.000 points to end at 286.800 and First Gen (PS:FGEN) was up 2.31% or 0.60 points to 26.60 in late trade.
The worst performers of the session were Bk Of Phi Isla (PS:BPI), which fell 2.51% or 2.55 points to trade at 98.85 at the close. Jollibee Foods (PS:JFC) declined 1.98% or 4.000 points to end at 198.000 and Robinsons Land (PS:RLC) was down 1.91% or 0.550 points to 28.200.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 106 to 85 and 16 ended unchanged.
Shares in Manila Electri (PS:MER) rose to 52-week highs; up 2.50% or 7.000 to 286.800.
Gold for August delivery was down 0.03% or 0.40 to $1184.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.51% or 0.30 to hit $59.34 a barrel, while the July Brent oil contract fell 0.68% or 0.43 to trade at $63.37 a barrel.
CNY/PHP was down 0.12% to 7.2242, while USD/PHP fell 0.06% to 44.800.
The US Dollar Index was down 0.49% at 94.88.