Investing.com – Philippines equities were lower at the close on Wednesday, as losses in the Holding Firms, Mining & Oil and Services sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 0.28%.
The biggest gainers of the session on the PSEi Composite were LT Group Inc (PS:LTG), which rose 2.75% or 0.500 points to trade at 18.700 at the close. Security Bank Corp (PS:SECB) added 2.50% or 6.20 points to end at 254.00 and Robinsons Land Corp (PS:RLC) was up 2.10% or 0.500 points to 24.300 in late trade.
Biggest losers included BDO Unibank Inc (PS:BDO), which lost 3.02% or 4.50 points to trade at 144.50 in late trade. Petron Corp (PS:PCOR) declined 2.60% or 0.250 points to end at 9.350 and SM Investments Corp (PS:SM) shed 1.54% or 15.00 points to 958.00.
Declining stocks outnumbered rising ones by 109 to 83 and 50 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for December delivery was up 0.14% or 1.77 to $1283.47 a troy ounce. Meanwhile, Crude oil for delivery in January rose 1.83% or 1.04 to hit $57.87 a barrel, while the January Brent oil contract rose 0.97% or 0.61 to trade at $63.18 a barrel.
CNY/PHP was up 0.28% to 7.6531, while USD/PHP fell 0.23% to 50.635.
The US Dollar Index Futures was down 0.19% at 93.71.