Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Property, Mining & Oil and Banking & Financials sectors led shares lower.
At the close in Philippines, the PSEi Composite lost 0.31%.
The best performers of the session on the PSEi Composite were Robinsons Land (PS:RLC), which rose 2.47% or 0.650 points to trade at 27.000 at the close. Meanwhile, Jollibee Foods (PS:JFC) added 1.90% or 4.000 points to end at 214.000 and Energy Develop (PS:EDC) was up 1.67% or 0.100 points to 6.100 in late trade.
The worst performers of the session were Bloomberry Res (PS:BLOOM), which fell 3.11% or 0.130 points to trade at 4.050 at the close. Ayala Land (PS:ALI) declined 2.50% or 0.850 points to end at 33.100 and Sm Prime Hldgs (PS:SMPH) was down 1.62% or 0.350 points to 21.200.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 105 to 73 and 10 ended unchanged.
Shares in Bloomberry Res (PS:BLOOM) fell to 3-years lows; down 3.11% or 0.130 to 4.050. Shares in Ayala Land (PS:ALI) fell to 52-week lows; falling 2.50% or 0.850 to 33.100.
Gold for February delivery was up 0.27% or 2.90 to $1081.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 1.32% or 0.47 to hit $35.49 a barrel, while the February Brent oil contract fell 2.42% or 0.89 to trade at $35.70 a barrel.
CNY/PHP was down 0.15% to 7.1814, while USD/PHP rose 0.46% to 47.125.
The US Dollar Index was up 0.17% at 99.63.