Investing.com – Philippines stocks were lower after the close on Thursday, as losses in the Property, Banking & Financials and Industrials sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 0.97%.
The best performers of the session on the PSEi Composite were Manila Electric Co (PS:MER), which rose 3.23% or 10.80 points to trade at 345.00 at the close. Meanwhile, Aboitiz Power Corp (PS:AP) added 3.20% or 1.20 points to end at 38.70 and Security Bank Corp (PS:SECB) was up 2.49% or 5.00 points to 206.00 in late trade.
The worst performers of the session were SM Prime Holdings Inc (PS:SMPH), which fell 4.79% or 1.750 points to trade at 34.750 at the close. Universal Robina Corp (PS:URC) declined 4.63% or 5.90 points to end at 121.60 and First Gen Corp (PS:FGEN) was down 3.85% or 0.60 points to 15.00.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 109 to 76 and 56 ended unchanged.
Shares in Manila Electric Co (PS:MER) rose to 52-week highs; gaining 3.23% or 10.80 to 345.00.
Gold Futures for August delivery was up 0.34% or 4.40 to $1305.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July unchanged 0.00% or 0.00 to hit $66.64 a barrel, while the August Brent oil contract fell 0.17% or 0.13 to trade at $76.61 a barrel.
CNY/PHP was up 0.24% to 8.3358, while USD/PHP fell 0.02% to 53.291.
The US Dollar Index Futures was down 0.24% at 93.34.