Investing.com – Philippines equities were lower at the close on Wednesday, as losses in the Holding Firms, Industrials and Services sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.21%.
The biggest gainers of the session on the PSEi Composite were Ayala Land Inc (PS:ALI), which rose 2.49% or 1.050 points to trade at 43.300 at the close. BDO Unibank Inc (PS:BDO) added 2.24% or 3.00 points to end at 136.90 and Megaworld Corp (PS:MEG) was up 2.15% or 0.100 points to 4.750 in late trade.
Biggest losers included Metropolitan Bank and Trust Co (PS:MBT), which lost 3.20% or 2.75 points to trade at 83.15 in late trade. First Gen Corp (PS:FGEN) declined 2.85% or 0.44 points to end at 15.00 and LT Group Inc (PS:LTG) shed 2.50% or 0.550 points to 21.450.
Declining stocks outnumbered rising ones by 106 to 84 and 52 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for June delivery was up 0.28% or 3.60 to $1293.90 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.39% or 0.28 to hit $71.03 a barrel, while the July Brent oil contract fell 0.62% or 0.49 to trade at $77.94 a barrel.
CNY/PHP was down 0.64% to 8.2270, while USD/PHP fell 0.45% to 52.285.
The US Dollar Index Futures was up 0.01% at 93.15.