Philippines shares lower at close of trade; PSEi Composite down 0.52%

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Philippines shares lower at close of trade; PSEi Composite down 0.52%

Investing.com – Philippines equities were lower at the close on Friday, as losses in the Property , Holding Firms and Banking & Financials sectors propelled shares lower.

At the close in Philippines, the PSEi Composite lost 0.52%.

The biggest gainers of the session on the PSEi Composite were Metro Pacific Investments Corp (PS: MPI ), which rose 4.36% or 0.220 points to trade at 5.270 at the close. DMCI Holdings Inc (PS: DMC ) added 3.62% or 0.440 points to end at 12.600 and JG Summit Holdings Inc (PS: JGS ) was up 2.40% or 1.350 points to 57.650 in late trade.

Biggest losers included Ayala Corp (PS: AC ), which lost 2.86% or 27.00 points to trade at 917.00 in late trade. SM Investments Corp (PS: SM ) declined 2.19% or 21.00 points to end at 938.00 and Ayala Land Inc (PS: ALI ) shed 2.09% or 0.900 points to 42.200.

Advancing stocks outnumbered falling ones by 101 to 88 and 46 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold Futures for December delivery was up 0.20% or 2.40 to $1206.70 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.30% or 0.20 to hit $67.97 a barrel, while the November Brent oil contract rose 0.25% or 0.19 to trade at $76.69 a barrel.

CNY/PHP was down 0.11% to 7.8606, while USD/PHP fell 0.24% to 53.751.

The US Dollar Index Futures was down 0.14% at 94.86.

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