Investing.com – Philippines equities were lower at the close on Wednesday, as losses in the Mining & Oil, Holding Firms and Property sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 1.27%.
The biggest gainers of the session on the PSEi Composite were International Container Terminal Services Inc (PS:ICT), which rose 0.59% or 0.600 points to trade at 103.000 at the close. Security Bank Corp (PS:SECB) added 0.40% or 1.00 points to end at 250.20 and GT Capital Holdings Inc (PS:GTCAP) was up 0.26% or 3.00 points to 1175.00 in late trade.
Biggest losers included DMCI Holdings Inc (PS:DMC), which lost 4.50% or 0.680 points to trade at 14.420 in late trade. JG Summit Holdings Inc (PS:JGS) declined 3.99% or 3.050 points to end at 73.450 and Megaworld Corp (PS:MEG) shed 3.10% or 0.170 points to 5.320.
Declining stocks outnumbered rising ones by 109 to 75 and 54 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for December delivery was up 0.10% or 1.26 to $1284.16 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.92% or 0.51 to hit $55.19 a barrel, while the January Brent oil contract fell 0.77% or 0.48 to trade at $61.73 a barrel.
CNY/PHP was down 0.27% to 7.6968, while USD/PHP fell 0.36% to 51.023.
The US Dollar Index Futures was down 0.25% at 93.49.