Investing.com – Philippines equities were lower at the close on Wednesday, as losses in the Property, Holding Firms and Industrials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 0.04%.
The biggest gainers of the session on the PSEi Composite were Semirara Mining Corp (PS:SCC), which rose 3.97% or 1.45 points to trade at 38.00 at the close. Bank of the Philippine Islands (PS:BPI) added 3.82% or 4.40 points to end at 119.50 and LT Group Inc (PS:LTG) was up 2.88% or 0.600 points to 21.400 in late trade.
Biggest losers included JG Summit Holdings Inc (PS:JGS), which lost 2.35% or 1.900 points to trade at 79.100 in late trade. Aboitiz Equity Ventures Inc (PS:AEV) declined 2.00% or 1.550 points to end at 75.950 and Ayala Land Inc (PS:ALI) shed 1.62% or 0.750 points to 45.650.
Advancing stocks outnumbered falling ones by 105 to 104 and 53 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for February delivery was up 0.08% or 1.10 to $1314.80 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.89% or 0.56 to hit $63.52 a barrel, while the March Brent oil contract rose 0.57% or 0.39 to trade at $69.21 a barrel.
CNY/PHP was up 0.48% to 7.7320, while USD/PHP rose 0.16% to 50.387.
The US Dollar Index Futures was down 0.17% at 92.07.