Investing.com – Philippines equities were lower at the close on Wednesday, as losses in the Holding Firms, Banking & Financials and Industrials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite lost 0.21%.
The biggest gainers of the session on the PSEi Composite were Alliance Global Group Inc (PS:AGI), which rose 1.49% or 0.200 points to trade at 13.600 at the close. Megaworld Corp (PS:MEG) added 1.44% or 0.070 points to end at 4.920 and SM Prime Holdings Inc (PS:SMPH) was up 1.32% or 0.450 points to 34.550 in late trade.
Biggest losers included LT Group Inc (PS:LTG), which lost 2.49% or 0.440 points to trade at 17.240 in late trade. Petron Corp (PS:PCOR) declined 1.86% or 0.180 points to end at 9.520 and San Miguel Corp (PS:SMC) shed 1.29% or 1.30 points to 99.70.
Advancing stocks outnumbered falling ones by 99 to 88 and 59 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for December delivery was up 0.04% or 0.54 to $1291.54 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.36% or 0.17 to hit $47.66 a barrel, while the October Brent oil contract fell 0.42% or 0.22 to trade at $51.65 a barrel.
CNY/PHP was down 0.28% to 7.6815, while USD/PHP fell 0.08% to 51.219.
The US Dollar Index Futures was down 0.10% at 93.33.