Investing.com – Philippines equities were lower at the close on Wednesday, as losses in the Mining & Oil, Services and Holding Firms sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 0.54%.
The biggest gainers of the session on the PSEi Composite were Petron Corp (PS:PCOR), which rose 3.03% or 0.300 points to trade at 10.200 at the close. Manila Electric Co (PS:MER) added 1.86% or 6.000 points to end at 329.000 and Metropolitan Bank and Trust Co (PS:MBT) was up 1.81% or 1.50 points to 84.50 in late trade.
Biggest losers included International Container Terminal Services Inc (PS:ICT), which lost 2.27% or 1.500 points to trade at 64.500 in late trade. SM Investments Corp (PS:SM) declined 1.61% or 15.500 points to end at 944.500 and DMCI Holdings Inc (PS:DMC) shed 1.41% or 0.180 points to 12.600.
Declining stocks outnumbered rising ones by 97 to 80 and 45 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was down 0.19% or 2.30 to $1227.30 a troy ounce. Meanwhile, Crude oil for delivery in May rose 3.15% or 1.13 to hit $37.02 a barrel, while the June Brent oil contract rose 2.38% or 0.90 to trade at $38.77 a barrel.
CNY/PHP was down 0.18% to 7.1411, while USD/PHP rose 0.11% to 46.290.
The US Dollar Index was up 0.30% at 94.89.