Investing.com – Philippines equities were lower at the close on Wednesday, as losses in the Banking & Financials, Industrials and Mining & Oil sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 0.45%.
The biggest gainers of the session on the PSEi Composite were International Container Terminal Services Inc (PS:ICT), which rose 2.82% or 2.100 points to trade at 76.500 at the close. Ayala Land Inc (PS:ALI) added 1.12% or 0.400 points to end at 36.000 and JG Summit Holdings Inc (PS:JGS) was up 1.11% or 0.800 points to 73.000 in late trade.
Biggest losers included Robinsons Land Corp (PS:RLC), which lost 3.73% or 0.950 points to trade at 24.500 in late trade. Jollibee Foods Corp (PS:JFC) declined 2.23% or 4.600 points to end at 201.400 and Metro Pacific Investments Corp (PS:MPI) shed 2.20% or 0.150 points to 6.670.
Declining stocks outnumbered rising ones by 108 to 86 and 48 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for April delivery was up 0.13% or 1.65 to $1227.05 a troy ounce. Meanwhile, Crude oil for delivery in March fell 0.51% or 0.27 to hit $52.93 a barrel, while the April Brent oil contract fell 0.30% or 0.17 to trade at $55.80 a barrel.
CNY/PHP was down 0.17% to 7.2670, while USD/PHP rose 0.06% to 49.910.
The US Dollar Index Futures was up 0.14% at 101.34.