Investing.com – Philippines stocks were lower after the close on Thursday, as losses in the Property, Holding Firms and Industrials sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 0.93%.
The best performers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 2.24% or 0.190 points to trade at 8.690 at the close. Meanwhile, Bank of the Philippine Islands (PS:BPI) added 0.92% or 0.90 points to end at 98.60 and San Miguel Corp (PS:SMC) was up 0.79% or 0.650 points to 83.000 in late trade.
The worst performers of the session were Bloomberry Resorts Corp (PS:BLOOM), which fell 5.42% or 0.320 points to trade at 5.580 at the close. JG Summit Holdings Inc (PS:JGS) declined 3.05% or 2.650 points to end at 84.250 and Aboitiz Equity Ventures Inc (PS:AEV) was down 2.68% or 2.150 points to 78.000.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 116 to 68 and 53 ended unchanged.
Shares in San Miguel Corp (PS:SMC) rose to 52-week highs; rising 0.79% or 0.650 to 83.000.
Gold for December delivery was up 1.15% or 15.35 to $1349.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.26% or 0.11 to hit $42.03 a barrel, while the October Brent oil contract rose 0.02% or 0.01 to trade at $43.92 a barrel.
CNY/PHP was up 0.02% to 7.0776, while USD/PHP fell 0.24% to 47.095.
The US Dollar Index was down 0.41% at 96.35.