Investing.com – Philippines equities were lower at the close on Wednesday, as losses in the Holding Firms, Property and Mining & Oil sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.84%.
The biggest gainers of the session on the PSEi Composite were Globe Telecom Inc (PS:GLO), which rose 2.08% or 33.00 points to trade at 1622.00 at the close. Bank of the Philippine Islands (PS:BPI) added 1.74% or 2.00 points to end at 117.00 and Jollibee Foods Corp (PS:JFC) was up 1.56% or 4.60 points to 299.00 in late trade.
Biggest losers included San Miguel Corp (PS:SMC), which lost 5.96% or 8.50 points to trade at 134.00 in late trade. SM Investments Corp (PS:SM) declined 3.27% or 31.00 points to end at 917.00 and Manila Electric Co (PS:MER) shed 3.05% or 10.00 points to 318.00.
Advancing stocks outnumbered falling ones by 113 to 83 and 54 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for April delivery was down 0.11% or 1.50 to $1340.50 a troy ounce. Meanwhile, Crude oil for delivery in May fell 1.03% or 0.67 to hit $64.58 a barrel, while the June Brent oil contract fell 0.78% or 0.54 to trade at $68.92 a barrel.
CNY/PHP was down 0.51% to 8.2985, while USD/PHP fell 0.35% to 52.239.
The US Dollar Index Futures was up 0.13% at 89.08.