Investing.com – Philippines stocks were lower after the close on Friday, as losses in the Property, Holding Firms and Mining & Oil sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.65%.
The best performers of the session on the PSEi Composite were First Gen Corp (PS:FGEN), which rose 2.34% or 0.34 points to trade at 14.86 at the close. Meanwhile, Manila Electric Co (PS:MER) added 2.29% or 8.00 points to end at 358.00 and Bank of the Philippine Islands (PS:BPI) was up 1.39% or 1.20 points to 87.50 in late trade.
The worst performers of the session were Metropolitan Bank and Trust Co (PS:MBT), which fell 2.79% or 2.00 points to trade at 69.75 at the close. Ayala Land Inc (PS:ALI) declined 2.39% or 0.900 points to end at 36.700 and Aboitiz Equity Ventures Inc (PS:AEV) was down 2.30% or 1.250 points to 53.100.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 124 to 66 and 45 ended unchanged.
Shares in Metropolitan Bank and Trust Co (PS:MBT) fell to 52-week lows; losing 2.79% or 2.00 to 69.75. Shares in Manila Electric Co (PS:MER) rose to 5-year highs; gaining 2.29% or 8.00 to 358.00.
Gold Futures for August delivery was down 0.14% or 1.80 to $1257.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.03% or 0.02 to hit $72.92 a barrel, while the September Brent oil contract fell 0.28% or 0.22 to trade at $77.17 a barrel.
CNY/PHP was down 0.21% to 8.0314, while USD/PHP fell 0.01% to 53.388.
The US Dollar Index Futures was down 0.14% at 94.00.