Investing.com – Philippines stocks were lower after the close on Tuesday, as losses in the Services, Holding Firms and Property sectors led shares lower.
At the close in Philippines, the PSEi Composite lost 2.14% to hit a new 6-months low.
The best performers of the session on the PSEi Composite were SM Investments Corp (PS:SM), which rose 0.90% or 8.50 points to trade at 949.00 at the close. Meanwhile, Energy Development Corp (PS:EDC) added 0.18% or 0.010 points to end at 5.720 and Universal Robina Corp (PS:URC) was down 0.66% or 1.00 points to 150.00 in late trade.
The worst performers of the session were Ayala Corp (PS:AC), which fell 7.23% or 73.00 points to trade at 937.00 at the close. Robinsons Land Corp (PS:RLC) declined 5.76% or 1.180 points to end at 19.320 and Globe Telecom Inc (PS:GLO) was down 4.67% or 78.00 points to 1591.00.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 175 to 53 and 37 ended unchanged.
Shares in Globe Telecom Inc (PS:GLO) fell to 52-week lows; losing 4.67% or 78.00 to 1591.00.
Gold Futures for April delivery was down 0.29% or 3.80 to $1314.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 1.03% or 0.64 to hit $62.77 a barrel, while the May Brent oil contract rose 0.76% or 0.50 to trade at $66.55 a barrel.
CNY/PHP was down 0.10% to 8.2220, while USD/PHP fell 0.17% to 52.047.
The US Dollar Index Futures was up 0.02% at 89.49.