Philippines stocks lower at close of trade; PSEi Composite down 0.38%

Investing.com – Philippines stocks were lower after the close on Tuesday, as losses in the , and sectors led shares lower.

At the close in Philippines, the fell 0.38%.

The best performers of the session on the were BDO Unibank Inc (PS: ), which rose 2.59% or 2.90 points to trade at 114.90 at the close. Meanwhile, Metropolitan Bank and Trust Co (PS: ) added 2.29% or 1.95 points to end at 87.10 and Semirara Mining Corp (PS: ) was up 1.20% or 1.5000 points to 126.0000 in late trade.

The worst performers of the session were SM Prime Holdings Inc (PS: ), which fell 2.79% or 0.800 points to trade at 27.900 at the close. Jollibee Foods Corp (PS: ) declined 1.91% or 4.800 points to end at 246.000 and Emperador Inc (PS: ) was down 1.87% or 0.140 points to 7.350.

Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 95 to 81 and 50 ended unchanged.

Gold for December delivery was up 0.44% or 5.55 to $1269.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.73% or 0.37 to hit $50.89 a barrel, while the December Brent oil contract rose 0.60% or 0.31 to trade at $51.77 a barrel.

CNY/PHP was up 0.08% to 7.1201, while USD/PHP rose 0.15% to 48.255.

The US Dollar Index was up 0.06% at 98.70.