Investing.com – Philippines stocks were lower after the close on Tuesday, as losses in the Property, Holding Firms and Mining & Oil sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.58% to hit a new 1-month low.
The best performers of the session on the PSEi Composite were Universal Robina Corp (PS:URC), which rose 2.21% or 4.000 points to trade at 184.900 at the close. Meanwhile, Globe Telecom Inc (PS:GLO) added 1.77% or 36.000 points to end at 2070.000 and Bank of the Philippine Islands (PS:BPI) was up 0.86% or 0.90 points to 106.00 in late trade.
The worst performers of the session were Bloomberry Resorts Corp (PS:BLOOM), which fell 3.05% or 0.170 points to trade at 5.410 at the close. Philex Mining Corp (PS:PX) declined 2.31% or 0.200 points to end at 8.450 and JG Summit Holdings Inc (PS:JGS) was down 2.04% or 1.600 points to 76.800.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 107 to 74 and 55 ended unchanged.
Shares in Bank of the Philippine Islands (PS:BPI) rose to 52-week highs; gaining 0.86% or 0.90 to 106.00.
Gold for December delivery was up 0.46% or 6.05 to $1332.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.37% or 0.61 to hit $45.05 a barrel, while the November Brent oil contract fell 0.61% or 0.29 to trade at $47.34 a barrel.
CNY/PHP was up 0.05% to 6.9705, while USD/PHP rose 0.13% to 46.580.
The US Dollar Index was down 0.09% at 95.65.