Investing.com – Philippines equities were lower at the close on Wednesday, as losses in the Banking & Financials, Holding Firms and Property sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 0.19%.
The biggest gainers of the session on the PSEi Composite were First Gen (PS:FGEN), which rose 4.22% or 1.00 points to trade at 24.70 at the close. Manila Electri (PS:MER) added 1.96% or 6.000 points to end at 312.200 and San Miguel Cor (PS:SMC) was up 0.96% or 0.450 points to 47.250 in late trade.
Biggest losers included Bdo Unibank (PS:BDO), which lost 2.27% or 2.40 points to trade at 103.10 in late trade. Jg Summit (PS:JGS) declined 2.05% or 1.500 points to end at 71.500 and Ayala Corp (PS:AC) shed 1.69% or 13.000 points to 757.000.
Advancing stocks outnumbered falling ones by 104 to 77 and 23 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for February delivery was up 0.37% or 3.90 to $1067.40 a troy ounce. Meanwhile, Crude oil for delivery in January fell 0.51% or 0.21 to hit $41.63 a barrel, while the January Brent oil contract rose 0.05% or 0.02 to trade at $44.32 a barrel.
CNY/PHP was up 0.19% to 7.3826, while USD/PHP rose 0.05% to 47.200.
The US Dollar Index was up 0.04% at 99.92.