Investing.com – Philippines equities were lower at the close on Wednesday, as losses in the Property, Mining & Oil and Holding Firms sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.19%.
The biggest gainers of the session on the PSEi Composite were PLDT Inc (PS:TEL), which rose 2.83% or 41.00 points to trade at 1491.00 at the close. International Container Terminal Services Inc (PS:ICT) added 2.44% or 2.500 points to end at 105.000 and Metropolitan Bank and Trust Co (PS:MBT) was up 2.32% or 2.15 points to 94.90 in late trade.
Biggest losers included Robinsons Land Corp (PS:RLC), which lost 5.05% or 1.150 points to trade at 21.600 in late trade. Petron Corp (PS:PCOR) declined 2.62% or 0.250 points to end at 9.300 and DMCI Holdings Inc (PS:DMC) shed 2.50% or 0.360 points to 14.040.
Declining stocks outnumbered rising ones by 95 to 90 and 58 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for February delivery was up 0.45% or 5.70 to $1270.60 a troy ounce. Meanwhile, Crude oil for delivery in January fell 0.16% or 0.09 to hit $57.53 a barrel, while the February Brent oil contract rose 0.05% or 0.03 to trade at $62.89 a barrel.
CNY/PHP was up 0.22% to 7.6682, while USD/PHP rose 0.16% to 50.720.
The US Dollar Index Futures was up 0.08% at 93.34.