Investing.com – Philippines stocks were lower after the close on Thursday, as losses in the Industrials, Property and Holding Firms sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.66%.
The best performers of the session on the PSEi Composite were Security Bank Corp (PS:SECB), which rose 3.74% or 8.00 points to trade at 222.00 at the close. Meanwhile, International Container Terminal Services Inc (PS:ICT) added 3.13% or 2.350 points to end at 77.500 and Petron Corp (PS:PCOR) was up 2.94% or 0.300 points to 10.500 in late trade.
The worst performers of the session were DMCI Holdings Inc (PS:DMC), which fell 3.61% or 0.460 points to trade at 12.300 at the close. Manila Electric Co (PS:MER) declined 2.81% or 8.000 points to end at 277.000 and Alliance Global Group Inc (PS:AGI) was down 2.74% or 0.400 points to 14.200.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 100 to 73 and 42 ended unchanged.
Shares in Manila Electric Co (PS:MER) fell to 52-week lows; down 2.81% or 8.000 to 277.000.
Gold for December delivery was up 0.23% or 2.95 to $1269.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.53% or 0.26 to hit $49.44 a barrel, while the December Brent oil contract rose 0.86% or 0.43 to trade at $50.41 a barrel.
CNY/PHP was up 0.07% to 7.1468, while USD/PHP rose 0.20% to 48.443.
The US Dollar Index was down 0.01% at 98.58.