Investing.com – Philippines equities were lower at the close on Wednesday, as losses in the Property, Services and Holding Firms sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 0.64%.
The biggest gainers of the session on the PSEi Composite were International Container Terminal Services Inc (PS:ICT), which rose 1.43% or 1.100 points to trade at 77.800 at the close. Energy Development Corp (PS:EDC) added 1.25% or 0.070 points to end at 5.670 and LT Group Inc (PS:LTG) was up 1.14% or 0.140 points to 12.400 in late trade.
Biggest losers included First Gen Corp (PS:FGEN), which lost 2.62% or 0.60 points to trade at 22.30 in late trade. Megaworld Corp (PS:MEG) declined 2.43% or 0.090 points to end at 3.610 and Ayala Corp (PS:AC) shed 2.40% or 20.000 points to 814.000.
Advancing stocks outnumbered falling ones by 105 to 79 and 52 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for February delivery was down 0.63% or 7.65 to $1203.15 a troy ounce. Meanwhile, Crude oil for delivery in March fell 0.66% or 0.35 to hit $52.83 a barrel, while the March Brent oil contract fell 0.69% or 0.38 to trade at $55.06 a barrel.
CNY/PHP was down 0.34% to 7.2397, while USD/PHP fell 0.02% to 49.815.
The US Dollar Index was up 0.02% at 100.29.