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 lost 1.90% to hit a new 3-months low.
The best performers of the session on the PSEi Composite were Robinsons Land Corp (PS:RLC), which rose 1.21% or 0.250 points to trade at 20.850 at the close. Meanwhile, Alliance Global Group Inc (PS:AGI) added 0.97% or 0.140 points to end at 14.520 and Megaworld Corp (PS:MEG) was up 0.42% or 0.020 points to 4.750 in late trade.
The worst performers of the session were SM Prime Holdings Inc (PS:SMPH), which fell 4.23% or 1.500 points to trade at 34.000 at the close. Globe Telecom Inc (PS:GLO) declined 3.95% or 68.00 points to end at 1652.00 and SM Investments Corp (PS:SM) was down 3.90% or 37.00 points to 912.50.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 118 to 91 and 46 ended unchanged.
Shares in Globe Telecom Inc (PS:GLO) fell to 52-week lows; falling 3.95% or 68.00 to 1652.00.
Gold Futures for April delivery was down 0.13% or 1.70 to $1323.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.21% or 0.13 to hit $61.09 a barrel, while the May Brent oil contract rose 0.09% or 0.06 to trade at $64.95 a barrel.
CNY/PHP was down 0.13% to 8.2244, while USD/PHP fell 0.06% to 51.999.
The US Dollar Index Futures was down 0.04% at 89.71.