Investing.com – Philippines stocks were lower after the close on Thursday, as losses in the Holding Firms, Banking & Financials and Industrials sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 2.60% to hit a new 52-week low.
The best performers of the session on the PSEi Composite were LT Group Inc (PS:LTG), which rose 1.24% or 0.250 points to trade at 20.350 at the close. Meanwhile, Petron Corp (PS:PCOR) unchanged 0.00% or 0.000 points to end at 9.280 and GT Capital Holdings Inc (PS:GTCAP) was unchanged 0.00% or 0.00 points to 1000.00 in late trade.
The worst performers of the session were Aboitiz Equity Ventures Inc (PS:AEV), which fell 6.94% or 4.700 points to trade at 63.000 at the close. SM Investments Corp (PS:SM) declined 5.01% or 47.50 points to end at 900.00 and Metro Pacific Investments Corp (PS:MPI) was down 4.23% or 0.220 points to 4.980.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 128 to 50 and 52 ended unchanged.
Shares in Aboitiz Equity Ventures Inc (PS:AEV) fell to 52-week lows; falling 6.94% or 4.700 to 63.000. Shares in GT Capital Holdings Inc (PS:GTCAP) unchanged to 3-years lows; unchanged 0.00% or 0.00 to 1000.00.
Gold Futures for June delivery was up 0.37% or 4.80 to $1310.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.31% or 0.21 to hit $68.14 a barrel, while the July Brent oil contract rose 0.22% or 0.16 to trade at $73.52 a barrel.
CNY/PHP was down 0.27% to 8.1423, while USD/PHP fell 0.45% to 51.730.
The US Dollar Index Futures was down 0.35% at 92.27.