Investing.com – Philippines stocks were lower after the close on Friday, as losses in the Banking & Financials, Property and Services sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 0.95%.
The best performers of the session on the PSEi Composite were Alliance Global Group Inc (PS:AGI), which rose 1.84% or 0.300 points to trade at 16.580 at the close. Meanwhile, San Miguel Corp (PS:SMC) added 1.78% or 1.450 points to end at 83.000 and Philex Mining Corp (PS:PX) was up 1.43% or 0.120 points to 8.540 in late trade.
The worst performers of the session were International Container Terminal Services Inc (PS:ICT), which fell 3.61% or 2.400 points to trade at 64.100 at the close. Metropolitan Bank and Trust Co (PS:MBT) declined 2.99% or 2.90 points to end at 94.00 and SM Prime Holdings Inc (PS:SMPH) was down 2.90% or 0.900 points to 30.100.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 107 to 92 and 43 ended unchanged.
Shares in San Miguel Corp (PS:SMC) rose to 52-week highs; up 1.78% or 1.450 to 83.000.
Gold for August delivery was down 0.42% or 5.55 to $1325.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.85% or 0.38 to hit $44.37 a barrel, while the September Brent oil contract fell 0.50% or 0.23 to trade at $45.97 a barrel.
CNY/PHP was down 0.04% to 7.0564, while USD/PHP fell 0.06% to 47.085.
The US Dollar Index was up 0.03% at 96.97.