Investing.com – Philippines equities were lower at the close on Wednesday, as losses in the Banking & Financials, Property and Mining & Oil sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.18%.
The biggest gainers of the session on the PSEi Composite were Aboitiz Equity Ventures Inc (PS:AEV), which rose 4.20% or 3.150 points to trade at 78.150 at the close. LT Group Inc (PS:LTG) added 2.97% or 0.650 points to end at 22.500 and Universal Robina Corp (PS:URC) was up 2.05% or 3.40 points to 169.40 in late trade.
Biggest losers included Metropolitan Bank and Trust Co (PS:MBT), which lost 7.76% or 8.30 points to trade at 98.70 in late trade. GT Capital Holdings Inc (PS:GTCAP) declined 5.92% or 85.00 points to end at 1350.00 and Megaworld Corp (PS:MEG) shed 4.00% or 0.200 points to 4.800.
Declining stocks outnumbered rising ones by 120 to 93 and 48 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for February delivery was down 0.13% or 1.70 to $1335.40 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.17% or 0.11 to hit $63.84 a barrel, while the March Brent oil contract rose 0.14% or 0.10 to trade at $69.25 a barrel.
CNY/PHP was up 0.69% to 7.8873, while USD/PHP rose 0.51% to 50.769.
The US Dollar Index Futures was up 0.27% at 90.47.