Investing.com – Philippines equities were lower at the close on Wednesday, as losses in the Mining & Oil, Banking & Financials and Holding Firms sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.81%.
The biggest gainers of the session on the PSEi Composite were Megaworld Corp (PS:MEG), which rose 2.37% or 0.120 points to trade at 5.180 at the close. Metro Pacific Investments Corp (PS:MPI) added 1.53% or 0.100 points to end at 6.630 and DMCI Holdings Inc (PS:DMC) was up 1.30% or 0.200 points to 15.600 in late trade.
Biggest losers included GT Capital Holdings Inc (PS:GTCAP), which lost 2.21% or 25.00 points to trade at 1105.00 in late trade. PLDT Inc (PS:TEL) declined 1.99% or 35.00 points to end at 1720.00 and SM Investments Corp (PS:SM) shed 1.87% or 15.50 points to 815.50.
Declining stocks outnumbered rising ones by 111 to 70 and 67 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for December delivery was down 0.09% or 1.19 to $1343.31 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.23% or 0.11 to hit $48.77 a barrel, while the November Brent oil contract rose 0.21% or 0.11 to trade at $53.49 a barrel.
CNY/PHP was up 0.17% to 7.8233, while USD/PHP fell 0.17% to 51.054.
The US Dollar Index Futures was down 0.17% at 92.12.