Investing.com – Philippines equities were lower at the close on Wednesday, as losses in the Mining & Oil, Property and Holding Firms sectors propelled shares lower.
At the close in Philippines, the PSEi Composite lost 0.14% to hit a new 52-week high.
The biggest gainers of the session on the PSEi Composite were First Gen Corp (PS:FGEN), which rose 8.73% or 2.00 points to trade at 24.90 at the close. Energy Development Corp (PS:EDC) added 6.52% or 0.350 points to end at 5.720 and Ayala Corp (PS:AC) was up 2.35% or 20.000 points to 870.000 in late trade.
Biggest losers included Philex Mining Corp (PS:PX), which lost 10.86% or 0.870 points to trade at 7.140 in late trade. Semirara Mining Corp (PS:SCC) declined 7.94% or 10.3000 points to end at 119.5000 and Metro Pacific Investments Corp (PS:MPI) shed 4.49% or 0.310 points to 6.600.
Declining stocks outnumbered rising ones by 104 to 81 and 41 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was down 0.15% or 1.95 to $1270.55 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.86% or 0.43 to hit $50.28 a barrel, while the August Brent oil contract rose 0.55% or 0.28 to trade at $50.90 a barrel.
CNY/PHP was up 0.73% to 7.0833, while USD/PHP rose 0.53% to 46.623.
The US Dollar Index was down 0.23% at 93.94.