Investing.com – Philippines stocks were lower after the close on Thursday, as losses in the Mining & Oil, Banking & Financials and Holding Firms sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 0.11% to hit a new 1-month low.
The best performers of the session on the PSEi Composite were SM Investments Corp (PS:SM), which rose 2.77% or 26.00 points to trade at 966.00 at the close. Meanwhile, Ayala Land Inc (PS:ALI) added 2.68% or 1.100 points to end at 42.200 and PLDT Inc (PS:TEL) was up 1.38% or 21.00 points to 1541.00 in late trade.
The worst performers of the session were JG Summit Holdings Inc (PS:JGS), which fell 5.42% or 3.900 points to trade at 68.100 at the close. Aboitiz Equity Ventures Inc (PS:AEV) declined 2.45% or 1.900 points to end at 75.500 and LT Group Inc (PS:LTG) was down 2.40% or 0.550 points to 22.400.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 110 to 84 and 48 ended unchanged.
Gold Futures for April delivery was down 0.35% or 4.60 to $1313.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.23% or 0.14 to hit $61.78 a barrel, while the May Brent oil contract rose 0.32% or 0.21 to trade at $64.94 a barrel.
CNY/PHP was down 0.52% to 8.1854, while USD/PHP fell 0.36% to 51.914.
The US Dollar Index Futures was unchanged 0.00% at 90.61.