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 lost 0.10% to hit a new 1-month low.
The biggest gainers of the session on the PSEi Composite were LT Group Inc (PS:LTG), which rose 3.03% or 0.500 points to trade at 17.000 at the close. SM Prime Holdings Inc (PS:SMPH) added 2.93% or 0.850 points to end at 29.850 and BDO Unibank Inc (PS:BDO) was up 2.05% or 2.30 points to 114.30 in late trade.
Biggest losers included Bloomberry Resorts Corp (PS:BLOOM), which lost 4.62% or 0.270 points to trade at 5.580 in late trade. Metropolitan Bank and Trust Co (PS:MBT) declined 4.02% or 3.50 points to end at 83.50 and Petron Corp (PS:PCOR) shed 4.01% or 0.420 points to 10.060.
Declining stocks outnumbered rising ones by 98 to 83 and 52 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was up 0.06% or 0.85 to $1317.35 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.43% or 0.20 to hit $46.15 a barrel, while the November Brent oil contract fell 0.70% or 0.34 to trade at $48.39 a barrel.
CNY/PHP was up 0.30% to 6.9740, while USD/PHP rose 0.23% to 46.585.
The US Dollar Index was down 0.06% at 95.99.