Investing.com – Philippines equities were lower at the close on Wednesday, as losses in the Property, Holding Firms and Banking & Financials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 1.30% to hit a new 1-month low.
The biggest gainers of the session on the PSEi Composite were International Container Terminal Services Inc (PS:ICT), which rose 5.13% or 4.000 points to trade at 82.000 at the close. First Gen Corp (PS:FGEN) added 1.81% or 0.45 points to end at 25.30 and Philex Mining Corp (PS:PX) was up 1.18% or 0.100 points to 8.550 in late trade.
Biggest losers included Bloomberry Resorts Corp (PS:BLOOM), which lost 6.47% or 0.350 points to trade at 5.060 in late trade. Megaworld Corp (PS:MEG) declined 3.79% or 0.180 points to end at 4.570 and Alliance Global Group Inc (PS:AGI) shed 3.09% or 0.520 points to 16.300.
Declining stocks outnumbered rising ones by 122 to 66 and 44 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was down 0.10% or 1.35 to $1352.65 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.96% or 0.43 to hit $45.26 a barrel, while the November Brent oil contract rose 0.87% or 0.41 to trade at $47.67 a barrel.
CNY/PHP was up 0.46% to 7.0070, while USD/PHP rose 0.27% to 46.713.
The US Dollar Index was up 0.09% at 94.89.