(MENAFN- FxPro) Philippines stocks were lower after the close on Tuesday, as losses in the Industrials, Holding Firms and Property sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 1.54%.
The best performers of the session on the PSEi Composite were Globe Telecom (PS:GLO), which fell 0.08% or 2.000 points to trade at 2604.000 at the close. Meanwhile, Aboitiz Power (PS:AP) fell 0.12% or 0.05 points to end at 43.00 and Phi Long Dis T (PS:TEL) was down 0.14% or 4.00 points to 2782.00 in late trade.
The worst performers of the session were Metro Pacifi I (PS:MPI), which fell 4.97% or 0.220 points to trade at 4.210 at the close. Energy Develop (PS:EDC) declined 3.77% or 0.300 points to end at 7.650 and Alliance Globa (PS:AGI) was down 3.64% or 0.850 points to 22.500.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 112 to 72 and 19 ended unchanged.
Shares in Metro Pacifi I (PS:MPI) fell to 52-week lows; falling 4.97% or 0.220 to 4.210.
Gold for August delivery was down 0.11% or 1.30 to $1187.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 1.50% or 0.91 to hit $61.10 a barrel, while the July Brent oil contract rose 1.37% or 0.89 to trade at $65.77 a barrel.
CNY/PHP was up 0.37% to 7.2098, while USD/PHP rose 0.35% to 44.690.
The US Dollar Index was down 0.33% at 97.21.
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