Investing.com – Philippines stocks were lower after the close on Friday, as losses in the Property, Industrials and Services sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.56% to hit a new 1-month low.
The best performers of the session on the PSEi Composite were Emperador Inc (PS:EMP), which rose 1.63% or 0.120 points to trade at 7.470 at the close. Meanwhile, Energy Development Corp (PS:EDC) added 1.17% or 0.070 points to end at 6.070 and Aboitiz Equity Ventures Inc (PS:AEV) was up 1.13% or 0.850 points to 75.850 in late trade.
The worst performers of the session were Robinsons Land Corp (PS:RLC), which fell 2.82% or 0.700 points to trade at 24.100 at the close. SM Prime Holdings Inc (PS:SMPH) declined 2.50% or 0.850 points to end at 33.200 and International Container Terminal Services Inc (PS:ICT) was down 2.14% or 2.150 points to 98.250.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 100 to 98 and 48 ended unchanged.
Gold Futures for August delivery was up 0.70% or 8.69 to $1258.09 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.56% or 0.24 to hit $42.98 a barrel, while the August Brent oil contract rose 0.55% or 0.25 to trade at $45.47 a barrel.
CNY/PHP was down 0.30% to 7.3432, while USD/PHP fell 0.23% to 50.225.
The US Dollar Index Futures was down 0.26% at 97.01.