Investing.com – Philippines stocks were lower after the close on Friday, as losses in the Property, Holding Firms and Industrials sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 1.64% to hit a new 1-month low.
The best performers of the session on the PSEi Composite were SM Investments Corp (PS:SM), which rose 0.51% or 5.00 points to trade at 985.00 at the close. Meanwhile, Security Bank Corp (PS:SECB) added 0.41% or 1.00 points to end at 245.00 and Emperador Inc (PS:EMP) was unchanged 0.00% or 0.000 points to 7.500 in late trade.
The worst performers of the session were Aboitiz Equity Ventures Inc (PS:AEV), which fell 3.58% or 2.650 points to trade at 71.300 at the close. Ayala Corp (PS:AC) declined 3.55% or 37.00 points to end at 1005.00 and Metro Pacific Investments Corp (PS:MPI) was down 3.28% or 0.210 points to 6.190.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 138 to 64 and 46 ended unchanged.
Gold Futures for April delivery was down 0.20% or 2.70 to $1316.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.10% or 0.67 to hit $60.48 a barrel, while the April Brent oil contract fell 0.86% or 0.56 to trade at $64.25 a barrel.
CNY/PHP was down 0.03% to 8.1768, while USD/PHP fell 0.47% to 51.513.
The US Dollar Index Futures was down 0.07% at 90.13.