Investing.com – Philippines equities were lower at the close on Wednesday, as losses in the Banking & Financials, Mining & Oil and Industrials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.10%.
The biggest gainers of the session on the PSEi Composite were Jollibee Foods Corp (PS:JFC), which rose 3.01% or 5.50 points to trade at 188.00 at the close. SM Investments Corp (PS:SM) added 1.98% or 13.50 points to end at 694.00 and Emperador Inc (PS:EMP) was up 1.62% or 0.096 points to 6.030 in late trade.
Biggest losers included Petron Corp (PS:PCOR), which lost 2.22% or 0.200 points to trade at 8.800 in late trade. Alliance Global Group Inc (PS:AGI) declined 2.05% or 0.260 points to end at 12.440 and LT Group Inc (PS:LTG) shed 1.83% or 0.300 points to 16.100.
Declining stocks outnumbered rising ones by 105 to 82 and 45 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for April delivery was down 0.44% or 5.55 to $1250.05 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.87% or 0.42 to hit $48.79 a barrel, while the June Brent oil contract rose 0.88% or 0.45 to trade at $51.87 a barrel.
CNY/PHP was down 0.14% to 7.2884, while USD/PHP fell 0.07% to 50.181.
The US Dollar Index Futures was up 0.15% at 99.68.