The Philippine Stock Exchange Index (PCOMP) fell 0.6 percent to 4,994.07. The gauge declined 1.4 percent this week, its first drop in three weeks.
Miners: Benguet Corp. (BC) class-A shares (BC PM) lost 5.7 percent to 21.65 pesos, the lowest close since Oct. 4. It led a decline among Philippine metal producers as gold headed for a weekly drop. Philex Mining Corp. (PX) declined 1 percent to 23.70 pesos, the sharpest loss in four days.
Atlas Consolidated Mining & Development Corp. (AT) fell 1.7 percent to 17.46 pesos, the lowest close since Feb. 14. The miner said its copper unit had shipped $33.7 million worth of the metal in May, lower than the $34.7 million shipped in April.
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