Investing.com – Philippines equities were lower at the close on Wednesday, as losses in the Property, Holding Firms and Mining & Oil sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.16%.
The biggest gainers of the session on the PSEi Composite were Metropolitan Bank and Trust Co (PS:MBT), which rose 2.66% or 2.50 points to trade at 96.50 at the close. Megaworld Corp (PS:MEG) added 2.64% or 0.150 points to end at 5.840 and Security Bank Corp (PS:SECB) was up 2.53% or 6.40 points to 259.40 in late trade.
Biggest losers included JG Summit Holdings Inc (PS:JGS), which lost 3.12% or 2.400 points to trade at 74.550 in late trade. Ayala Land Inc (PS:ALI) declined 2.85% or 1.300 points to end at 44.300 and Energy Development Corp (PS:EDC) shed 2.73% or 0.160 points to 5.700.
Declining stocks outnumbered rising ones by 128 to 90 and 37 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for December delivery was up 0.30% or 3.78 to $1279.58 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.30% or 0.17 to hit $57.03 a barrel, while the January Brent oil contract fell 0.03% or 0.02 to trade at $63.67 a barrel.
CNY/PHP was down 0.12% to 7.7313, while USD/PHP fell 0.21% to 51.290.
The US Dollar Index Futures was down 0.08% at 94.73.