Investing.com – Philippines stocks were lower after the close on Tuesday, as losses in the Mining & Oil, Property and Banking & Financials sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.31% to hit a new 1-month low.
The best performers of the session on the PSEi Composite were Manila Electric Co (PS:MER), which rose 2.77% or 9.00 points to trade at 334.00 at the close. Meanwhile, JG Summit Holdings Inc (PS:JGS) added 1.55% or 1.000 points to end at 65.700 and International Container Terminal Services Inc (PS:ICT) was up 1.38% or 1.500 points to 110.000 in late trade.
The worst performers of the session were Semirara Mining Corp (PS:SCC), which fell 2.36% or 0.85 points to trade at 35.10 at the close. Universal Robina Corp (PS:URC) declined 2.14% or 3.30 points to end at 150.60 and Emperador Inc (PS:EMP) was down 1.99% or 0.150 points to 7.400.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 119 to 97 and 44 ended unchanged.
Gold Futures for April delivery was up 0.27% or 3.60 to $1323.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.02% or 0.01 to hit $62.58 a barrel, while the May Brent oil contract fell 0.14% or 0.09 to trade at $65.45 a barrel.
CNY/PHP was up 0.23% to 8.2019, while USD/PHP fell 0.02% to 52.000.
The US Dollar Index Futures was down 0.03% at 89.93.