Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Mining & Oil, Industrials and Banking & Financials sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 1.06%.
The best performers of the session on the PSEi Composite were Globe Telecom (PS:GLO), which rose 0.67% or 16.000 points to trade at 2410.000 at the close. Meanwhile, Sm Prime Hldgs (PS:SMPH) added 0.50% or 0.100 points to end at 20.350 and Alliance Globa (PS:AGI) was up 0.46% or 0.100 points to 22.000 in late trade.
The worst performers of the session were Petron (PS:PCOR), which fell 5.29% or 0.460 points to trade at 8.350 at the close. Metropolitan B (PS:MBT) declined 4.92% or 4.60 points to end at 89.50 and Bloomberry Res (PS:BLOOM) was down 3.85% or 0.350 points to 8.770.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 143 to 44 and 13 ended unchanged.
Shares in Petron (PS:PCOR) fell to 3-years lows; down 5.29% or 0.460 to 8.350.
Gold for August delivery was down 0.03% or 0.40 to $1152.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 1.26% or 0.66 to hit $51.67 a barrel, while the August Brent oil contract fell 1.45% or 0.82 to trade at $56.02 a barrel.
CNY/PHP was up 0.02% to 7.2928, while USD/PHP rose 0.01% to 45.282.
The US Dollar Index was down 0.13% at 96.76.