Investing.com – Philippines equities were lower at the close on Wednesday, as losses in the Mining & Oil, Property and Industrials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 0.11%.
The biggest gainers of the session on the PSEi Composite were International Container Terminal Services Inc (PS:ICT), which rose 2.90% or 2.300 points to trade at 81.500 at the close. LT Group Inc (PS:LTG) added 2.64% or 0.380 points to end at 14.760 and Bank of the Philippine Islands (PS:BPI) was up 1.33% or 1.30 points to 98.90 in late trade.
Biggest losers included Alliance Global Group Inc (PS:AGI), which lost 1.75% or 0.220 points to trade at 12.340 in late trade. Emperador Inc (PS:EMP) declined 1.54% or 0.100 points to end at 6.400 and Metropolitan Bank and Trust Co (PS:MBT) shed 1.45% or 1.15 points to 77.95.
Declining stocks outnumbered rising ones by 131 to 60 and 52 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for April delivery was down 0.00% or 0.05 to $1202.55 a troy ounce. Meanwhile, Crude oil for delivery in April rose 1.74% or 0.83 to hit $48.55 a barrel, while the May Brent oil contract rose 1.41% or 0.72 to trade at $51.64 a barrel.
CNY/PHP was down 0.05% to 7.2796, while USD/PHP fell 0.09% to 50.315.
The US Dollar Index Futures was down 0.25% at 101.37.