Investing.com – Philippines stocks were lower after the close on Friday, as losses in the Holding Firms, Property and Industrials sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 1.78% to hit a new 6-months low.
The best performers of the session on the PSEi Composite were Metropolitan Bank and Trust Co (PS:MBT), which rose 2.14% or 1.75 points to trade at 83.55 at the close. Meanwhile, Emperador Inc (PS:EMP) added 0.41% or 0.030 points to end at 7.410 and San Miguel Corp (PS:SMC) was up 0.35% or 0.50 points to 142.90 in late trade.
The worst performers of the session were SM Investments Corp (PS:SM), which fell 4.86% or 48.00 points to trade at 940.00 at the close. Metro Pacific Investments Corp (PS:MPI) declined 4.27% or 0.220 points to end at 4.930 and LT Group Inc (PS:LTG) was down 3.61% or 0.700 points to 18.700.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 132 to 76 and 43 ended unchanged.
Shares in Metro Pacific Investments Corp (PS:MPI) fell to 52-week lows; losing 4.27% or 0.220 to 4.930.
Gold Futures for June delivery was up 0.18% or 2.40 to $1344.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.67% or 0.45 to hit $67.52 a barrel, while the June Brent oil contract rose 0.64% or 0.46 to trade at $72.48 a barrel.
CNY/PHP was up 0.01% to 8.2724, while USD/PHP fell 0.12% to 51.985.
The US Dollar Index Futures was down 0.09% at 89.41.